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Germany to offer 1 billion euro electric-car incentives

2016-04-27 12:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Germany will offer incentives for buyers of electric cars worth about 1 billion euros ($1.13 billion) to stoke consumer interest in battery cars as it struggles to meet a target of bringing 1 million of them on to its roads by the end of the decade. The incentives, to be shared equally between the government and automakers, may yield 400,000 electric-car sales in coming years as part of a program to run on a first-come, first-served basis, Transport Minister Alexander Dobrindt said on Wednesday....

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Category:Electronics and Electrical

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