German finance minister wants to extend electric car incentives
Frankfurter Allgemeine Zeitung / Reuters
Finance Minister Olaf Scholz said he wants to extend tax incentives for buyers of electric vehicles and plug-in hybrids for another decade, reports, based on an . Scholz told the newspaper German carmakers had invested billions of euros in electric mobility. “We must accompany that with an expansion of charging infrastructure and tax measures. I think it is important in terms of industrial policy that we extend our support program for electric battery vehicles and plug-in hybrids -- which are currently limited to 2021 -- for the whole of the next decade,” he said.
Scholz also said that an increasing range should become obligatory for plug-in hybrids.
Green transport NGO umbrella group Transport & Environment that new EU CO₂ limits on cars could trigger an invasion of “fake electric vehicles”. Plug-in hybrids are often big SUVs and rarely charged because of their limited range, and they emit as much, or more, CO₂ as diesel or petrol cars, the group writes.
Germany had aimed to have a million electric cars on its roads by 2020, but has pushed this target back to 2022. Government subsidy schemes have helped lift sales but electric cars accounted for only around 1 percent of new car registrations in 2018, according to Germany’s Federal Motor Transport Authority (KBA). Volkswagen recently announced it would drastically speed up plans to transform the company into a leading e-car manufacturer and produce more than 20 million electric cars over the next decade. The German commission charged with proposing emissions cuts for the transport sector is to recommend a target of up to 10 million electric cars on German roads by 2030.