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Germany Today

German news in English

Thursday, October 17, 2024

SPD Proposes €6,000 E-Car Bonus

Published: 2024-09-22

Ahead of a crucial automotive summit, the SPD has proposed a new incentive to boost the electric vehicle market in Germany.

The plan includes a €6,000 bonus for consumers who scrap their combustion engine cars in favor of new electric vehicles, and €3,000 for those opting for used electric cars.

This initiative is part of a broader strategy to support the struggling automotive industry, which is facing declining sales and high transition costs.

The SPD emphasizes the importance of electric vehicles for the future and suggests additional measures like subsidies for e-car leasing and infrastructure improvements.

Critics, however, argue for a more technology-neutral approach and express concerns over potential misuse of funds.

The proposal aims to send a strong signal of collaboration between the government and the automotive sector to overcome current challenges.