Germany’s Scholz calls for Europe EV subsidy plan

Germany’s Scholz calls for Europe EV subsidy plan

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Germany Seeks Pan-European Support to Boost Struggling Auto Industry Amidst Electric Vehicle Transition

Berlin: German Chancellor Olaf Scholz has called for a Europeanwide subsidy program to accelerate the adoption of electric vehicles. As Chancellor Scholz made clear in a statement, Germany’s historic automotive industry. He announced his plan while visiting a Ford factory in Cologne.

Germany’s automotive industry is currently struggling through a difficult transition to electric vehicles. Scholz stressed the importance of stimulating EV sales across Europe, suggesting the European ecosystem, "We need incentives to buy electric cars — as a European bonus or as direct support for electric cars made in Germany," Scholz said just last week.

Scholz,

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