Automakers will fund German EV subsidy bill after state backs out

VW ID4 2023 — VW's ID4 full-electric car. (Jan Dada www.jandada.de)

By:

Reuters

December 19, 2023 11:54 AM

BERLIN -- Volkswagen, Stellantis, Audi, Mercedes-Benz and Kia said they will fund a subsidy for German electric vehicle buyers after the government this week abruptly dropped a state-funded program.

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