Politicians in Germany have raised the subject of expanding the funds for the country’s car ‘scrappage’ scheme for a second time.
Despite criticism from various sources that the scheme is economically and environmentally damaging, Berlin has already increased the amount of money available from €1.5 billion to €5bn, and the social democrat SPD, one of the two parties in Germany’s grand coalition, has now suggested raising it again.
T&E member VCD said the suggestion had nothing to do with responsible politics and everything to do with campaigning for September’s German general elections.
EU 2035 reversal won't make carmakers great again
Extending the sales of combustion engines would divert investment from EVs while China races further ahead
Some car execs suggest a return to the combustion engine will restore Europe’s competitiveness. They couldn't be more wrong.
If the EU holds firm on the 2035 target, the European auto industry has a real chance to be competitive global EV players.