Germany to hike electric car subsidies as VW launches car

BERLIN: Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen by Reuters, the latest in a series of measures to speed the adoption of low-emissions vehicles.

The paper came to light on the day that Chancellor Angela Merkel gave a speech at Volkswagen's Zwickau factory, where the German watched the carmaker start mass production of its ID.3 electric car, a vehicle costing around 30,000 euros. Merkel said the government would invest 3.5 billion euros to 2035 in building charging stations for electric cars.On Sunday she had said Germany needed 1 million charging stations by 2030 and urged carmakers and utility companies to play their part in helping to build the necessary infrastructure.

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