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September 21, 2009

Frankfurt 2009: German goverment plugs in for EVs

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Before the Frankfurt Motor Show brought us the latest models and concepts from automakers, it was opened by German Chancelor Angela Merkel. The inauguration speech by the Chancellor included describing her country’s support for electric vehicles: Germany expects that there will be up to seven million EVs, including plug-ins, and about 18 million hybrid cars in 2020. These figures would account for a third of the expected cars on German roads at that time. Merkel’s speech divided the expansion of EVs into three phases. The first one, from 2012 to 2014 would aim to get EV sales up to 30,000 cars per year, and would include €5,000 subvention or tax breaks from the German Federal Government, similar to 17 other European countries. During the second phase, from 2015 to 2018, the market would be mature enough to have about 100,000 sales per year, which would be incentived with about €2,000 and special measures such as parking rights and exclusive lanes. All of this leads to the third phase, in 2019 and 2020, where Merkel said she hopes for 250,000 sales per year.

[Source: Auto News]

Frankfurt 2009: German goverment plugs in for EVs originally appeared on Autoblog Green on Fri, 18 Sep 2009 18:07:00 EST. Please see our terms for use of feeds.

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