The German government has agreed to increase its subsidies for electric cars costing € 44,500 ($ 40,000 ) by 50% , 50,000 of which, € 6,000 , will come from the auto industry, and is extending the support package to 2025 from its current 50,000 deadline. Both the industry and the government have also promised to install 50,000 public charging stations in the country by 2022 . German news agency dpa reported that half of the subsidy, in future amounting to 6,000 euros, will be borne by industry. The subsidy extension was announced as VW began mass production of its ID.3 electric car.
The German government has agreed to increase its subsidies for electric cars costing € 44,500 ($ 40,000 ) by 50% , 50,000 of which, € 6,000 , will come from the auto industry, and is extending the support package to 2025 from its current 50,000 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.