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International Business Times
International Business Times
Business
AFP News

Germany's Scholz Calls For Europe EV Subsidy Plan

Government subsidies have been important in Germany and elsewhere in helping consumers make the switch to electric vehicles (Credit: AFP)

Germany's Chancellor Olaf Scholz called Tuesday for a European subsidy programme for electric vehicles, as the country's flagship auto industry struggles with the transition to battery-powered cars.

"We need incentives to buy electric cars -- as a European bonus or as direct support for electric cars made in Germany," Scholz said on social media after a visit to US automaker Ford's factory in Cologne.

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