Automakers

Germany doubles EV incentives, excludes ICE cars from stimulus program

Germany's incentives for electric cars will help sales of EVs such as the VW ID3, which is due to go on sale in the summer. (VW ID3)
June 04, 2020 09:45 AM

FRANKFURT -- Germany's auto industry failed in its bid to get direct government support for purchases of conventional cars after the Berlin government said it will double incentives offered to buyers of ultra-low emissions cars as part of an overall 130 billion-euros ($146 billion) economic recovery package.

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