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German government may subsidies electric cars

Mon, 10/01/2012 - 10:25am
Reuters

BERLIN (Reuters) - Germany may subsidize electric cars after the next general election in order to meet a lofty goal of 1 million fossil fuel-free vehicles on the road by 2020, according to Chancellor Angela Merkel.

"The question of how we will tackle this during the next legislative period (starting late 2013) and whether one needs more incentives - that will be decided when the time has come," Merkel told reporters on Monday.

She was speaking after a meeting of a group set up to devise Germany's electric-mobility plans, which includes experts from industry, science, unions and politics.

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