The German government is supercharging subsidies for electric cars on the day the country’s biggest automaker began production of a new all-electric vehicle. The German government has agreed to cut its subsidies for electric cars costing € 40,000 ( $ 44,500 ) by 50 % , half of which , € 6,000 , will come from the automotive industry , and is extending the support up to 2025 from its current 2020 deadline . Both the industry and the government have also promised to install 50,000 public charging stations in the country by 2022 . The subsidy extension was announced as VW began mass production of its ID.3 electric car .
The German government has agreed to cut its subsidies for electric cars costing € 40,000 ( $ 44,500 ) by 50 % , half of which , € 6,000 , will come from the automotive industry , and is extending the support up to 2025 from its current 2020 deadline . Both the industry and the government have also promised to install 50,000 public charging stations in the country by 2022 . The subsidy extension was announced as VW began mass production of its ID.3 electric car .