German government expands subsidies for electric cars

Found on DW on Wednesday, 06 November 2019
Browse Technology

The German government and car industry have agreed to increase joint subsidies for the purchase of electric cars on the same day automobile giant Volkswagen began production of a new all-electric vehicle.

Under the agreement, consumer subsidies for electric cars costing less than €40,000 ($44,500) will increase to €6,000 (about $6,700) from €4,000. Purchasers of plug-in hybrids in this price range would be given a subsidy of €4,500, up from €3,000.

You only need to throw money onto products which would not sell otherwise; and if they sell really bad, you throw even more money onto them.