The SPD, led by Chancellor Olaf Scholz, is gearing up for the upcoming Bundestag elections with a focus on revitalizing Germany's economy and securing industrial jobs.

In a recent strategy meeting, the party outlined plans to introduce tax cuts for the middle class and incentives for companies investing in Germany.

A key component of their strategy is promoting the electric vehicle industry through purchase incentives and tax benefits for e-service vehicles.

The SPD also aims to implement a "Made in Germany" bonus to encourage domestic investments.

Amidst economic challenges, the party emphasizes the need for a collaborative effort involving businesses, unions, and political entities to modernize the country.

Additionally, the SPD's left wing is pushing for a reintroduction of wealth taxes to address social inequality and fund public infrastructure improvements.

With the elections approaching, the SPD is striving to regain voter confidence and counter the rising influence of the AfD.