Bavarian Auto Summit Pushes for Industry Transformation and Support Measures
Markus Söder announces €100 million fund to aid auto industry transformation while calling for federal and EU policy changes.
- Bavarian Minister-President Markus Söder unveiled a €100 million fund to support auto manufacturers and suppliers in adopting new technologies and innovations.
- Söder emphasized the need for 100,000 charging points in Bavaria by 2030, up from the current 13,000, and proposed free parking incentives for electric vehicles.
- The summit participants urged the federal government to reinstate subsidies for electric vehicles and consider expanding them to alternative fuel technologies such as e-fuels.
- Industry representatives highlighted the need to reduce bureaucracy, lower energy costs, and accelerate renewable energy expansion to support the transition to electric mobility.
- Labor unions called for job security during the transformation and tied potential subsidies to commitments for maintaining domestic employment.