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German Bundesrat Advocates for Return of E-Car Purchase Incentives

A new resolution calls for government action to revive the struggling auto industry and boost electric vehicle sales.

  • The Bundesrat has urged the German government to reinstate purchase incentives for electric vehicles to revitalize the auto sector.
  • The resolution highlights the need for accelerated growth in e-mobility to maintain Germany's competitiveness in the global auto market.
  • Germany's auto industry, employing 770,000 people, is facing challenges with production and registration numbers still below pre-crisis levels.
  • A recent EY survey indicates a potential rise in new car purchases, with 28% of Germans planning to buy a new car within two years, up from 23% last year.
  • Interest in electric vehicles is growing, with 26% of potential German buyers considering an EV, surpassing the European average of 21%.
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