Germany puts two million euros into encouraging EV program

German Economy Minister Sigmar Gabriel along other politicians agreed to allocate two billion euros ($2.17 billion) from the budget to encourage more people to buy electric vehicles.

2/5/16 4:00 am chumakdenis 1

Germany isn’t going through its best time: millions of refugees fleeing to Europe create an insurmountable amount of problems for the government resulting in higher crime rates, increased taxes and other ‘beautiful’ stuff alike.

People that were born and raised in Germany are sick and tired of such lenient measures.

Even such terrific fictional pretext as “self-sacrifice in the name of other people” doesn’t help.

Well, you can call me being a bigot, but the point is that with helpless refugees arrive a lot of crazy extremists and this is a huge issue – just see how many acts of terrorism there were in Europe recently.

Nonetheless, everything is not that bad, at least in terms of EV industry.

In here we have plenty of silver linings.

For instance, German Economy Minister Sigmar Gabriel on par with other politicians allocated two billion euros ($2.17 billion) from the budget to encourage more people to buy electric cars.

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Calls for supporting electric cars grew at the end of last year after the Volkswagen emissions scandal. Both Gabriel and his fellow Social Democrat Environment Minster Barbara Hendricks have called for a quota for electric cars.

So, here’s what German government offers: buyers of electric cars receive a subsidy from the government and this subsidy comes completely without interest – I can feel the anger in the eyes of bankers.

Cool, isn’t it?

You receive a subsidy from the government and don’t pay anything for it, as if a good friend of yours would lend you money.

Some other cool things

5642.jpgGerman Economy Minister Sigmar Gabriel also wants to expand charging stations and encourage federal offices to use electric cars - an initiative that will be funded under the current German budget without tax increases.

Well, it will be really great if Gabriel succeeds with it.

Let’s keep our fingers crossed and hope that it will be thing way.

Sales of electric cars totaled some 19,000 in 2014, but at the end of 2014 Germany had only 2,400 charging stations and around 100 fast-charging points.

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  germany puts two million euros into ev program german ev programme germany minister sigmar gabriel green initiative german $2.17 billion initiative

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