Posted on 04/27/2016 5:20:03 AM PDT by Olog-hai
Germany plans to subsidize electric cars in a bid to help the country’s auto industry compete in the global market for the growingly-popular and environmentally friendly vehicles.
Finance Minister Wolfgang Schäuble says starting May buyers will get €4,000 ($4,514.80) to buy an all-electric vehicle. Plug-in hybrids will receive a subsidy of up to €3,000.
The cost will be shared equally by the government and industry. …
(Excerpt) Read more at bigstory.ap.org ...
Germany has some of the highest electric rates in the developed world....
Berlin’s Electric Rates Become Highest In Europe
Bookmark for later.
The cost will be shared equally by the government and industry.Oh, that’s nice to hear. For a minute, I thought that the tax payer would have to pay for all those hipster cars! But in fact, it is just yet another free lunch. Thank you, Merkel!
Germany is committing to another suicidal policy.
What the heck? I’ve read stories about people in Germany self-rationing lighting, etc, due to their high rates.
Hey Elon! There seems to be money to be had in Deutschland!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.