German Government Offers Financial Incentives for Electric Cars

German Government Offers Financial Incentives for Electric Cars

As part of its electromobility scheme and its effort to get between 300,000 and 500,000 new electric vehicles on its roads the German government has introduced generous financial incentives to encourage buyers to purchase and use electric cars. The incentives were agreed by Chancellor Merkel in May 2015 and the scheme involves 600 million Euros (approx. $675 million) being set aside to pay purchasers of […]