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News Link • Germany

Angela Merkel: Germany Must Invest Heavily In Electric Cars

•, by Mark Kane

Chancellor Angela Merkel, while visiting Daimler's ACCUMOTIVE's battery plant in Kamenz, said that Germany must invest more heavily into electric vehicles, to ensure the country is not left behind (somewhat ironically, considering the German government's recent and fairly lackluster EV rebate of up to  €4,000 for BEVs/ €3,000 for PHEVs, but 50% cost-split with the OEMs themselves).

As for the sales on the ground, this year has begun great in Germany (relatively speaking), as sales have doubled year-over-year.

However those numbers are off of a low benchmark, and the goal of one million plug-in cars by 2020, set few years ago, is now totally out of reach.

The Chancellor herself came under fire in May when she admitted the target will be missed.

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