Tuesday, 11 June 2013

Can Germany meet its electric car targets?

Chancellor Angela Merkel has reaffirmed her target to bring one million electric cars onto German roads by the end of the decade, despite weak interest from consumers.

Her government is hosting a two-day industry summit in Berlin to promote the fledgling technology, after fewer than 3,000 electric cars were sold in Germany last year out of a total market that exceeded 3 million.

The German auto industry plans to invest roughly 12 billion euros ($15.52 billion) in alternative powertrains, including battery-powered electric cars, in the next three to four years, according to industry association VDA.

source - (Reuters)

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