The German car industry has lagged behind in terms of electric vehicles, they hope the new subsidies will help – Image: JONATHAN NACKSTRAND/AFP
Germany: The government has reintroduced subsidies for electric vehicles, but the move is under fire for including hybrids. Meanwhile, the IMF is predicting stronger economic growth in 2026.
Several years after the previous subsidies for electric vehicles were scrapped, the coalition government of CDU/CSU and SPD has brought them back.
However, the Greens and environmental groups have criticized the new policy for including hybrid vehicles which have much higher emissions than just pure EVs.
Meanwhile, the International Monetary Fund (IMF), has made a more optimistic prediction about the German economy than even some German institutions.
DW.com/NAN 20-1-26
You might also like:
EUROPE: The EU-Mercosur megadeal ‘Not just trade’
As the EU’s share of the global market slips, the Mercosur deal could unlock access to critical raw materials. It’s also indicative of a wider EU economic pivot. It’s a day more than a quarter of a century in the making: On Saturday, European Commission weiterlesen…
