Critics of the economic incentive for electric cars have had their I-told-you-so moment for now: The “eco-bonus” has been attracting little interest so far. Within two months (from September 5th, 2016), the Federal Ministry for Economic Affairs and Export Control received a mere 3,027 applications. Registration figures, however, paint a slightly more optimistic picture of the market
Eco-bonus
Incentives for 400,000 Battery and Fuel Cell Cars
The Car Summit that took place in the chancellor’s office resulted in the creation of the long-requested economic incentive for electric cars. In Berlin on April 26, 2016, Chancellor Angela Merkel came to an agreement with the heads of the automotive companies about an “incentive lite,” to which the industry had to contribute at least half of the funding. That didn’t stop other politicians and environmental organizations from criticizing the agreement.