Connect with us

Hi, what are you looking for?

Universal Financial DomeUniversal Financial Dome

World

German government, car industry to strategize on goal of 15 mln EVs by 2030

 – German Chancellor Olaf Scholz will convene car executives with ministerial leaders, energy executives and unions on Monday to discuss how Germany can meet its target of 15 million electric cars on the road by 2030, a government spokesperson said.

The chancellor is convinced the goal could be reached if carmakers produced more cheaply priced and longer-range cars, spokesperson Steffen Hebestreit said at a press conference on Friday.

A ruling last week by a German constitutional court that the re-allocation of 60 billion euros ($65.44 billion) towards climate and industry initiatives was unconstitutional has left the government scrambling for alternative sources of funds and cast doubt over planned projects, including expanding charging infrastructure.

Still, a spokesperson for the transport ministry said they were working at high speed to expand the charging network, with over 100,000 publicly available spots already built.

The coalition agreement of Germany’s government stated it aimed to have “at least 15 million fully-electric passenger vehicles in 2030“, but Transport Minister Volker Wissing loosened the terms last year to include both electric and hybrid cars.

The latest available data from German federal motor authority KBA showed there were 2.2 million cars with an electric motor on German roads by October this year, of which 1.3 million were fully-electric cars. – Reuters

Advertisement

    You May Also Like

    Sports

    Tough start to the week for Charlie Woods, and it had nothing to do with his golf game. While warming up for Friday’s pro-am...

    Sports

    The Buffalo Bills know safety Damar Hamlin, who has recovered from collapsing after a cardiac arrest during a game on Jan. 3, wants to...

    Sports

    The Boston Bruins’ record-setting 65 wins and 135 regular-season points have rolled back to zero. The big number now is 16, the number of...

    World

    WASHINGTON — The United States scrambled F-16 fighter jets in a supersonic chase of a light aircraft with an unresponsive pilot that violated airspace...

    Disclaimer: UniversalFinancialDome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 UniversalFinancialDome.com | All Rights Reserved