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Germany to give citizens up to $10K towards a new electric car — doubling its subsidy

As other countries cut subsidies for battery electric vehicles (BEV), Germany is doubling down. As highlighted in a tweet from European automotive market analyst, Matthias Schmidt, Germany is literally doubling its stimulus payments for buyers of electric vehicles. In short, new EV buyers could receive up to €9,000...
As other countries cut subsidies for battery electric vehicles (BEV), Germany is doubling down. As highlighted in a tweet from European automotive market analyst, Matthias Schmidt, Germany is literally doubling its stimulus payments for buyers of electric vehicles. In short, new EV buyers could receive up to €9,000 ($10,000) towards purchase of a new BEV. 🚨BREAKING🚨 Petrol and diesel cars omitted from the German government's stimulus package. BEVs will see a government contribution for electric cars rise from €3k to €6k with the manufacturer's contribution remaining the same (€3k). Total €9k for BEV <€40k pic.twitter.com/QRDNgDWzjp — Matthias Schmidt (@auto_schmidt) June… This story continues at The Next Web
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