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%.