BERLIN/FRANKFURT, June 3 (Reuters) – Germany has unveiled the sweeping incentives for the right market for electric cars and hybrid vehicles, providing a boost to Volkswagen’s electric and push, while other features include staggered and taxes to the polluting combustion engine cars will penalise sports utility vehicles.
Buyer incentives for passenger cars, as well as a lowering of the value-added tax to 16% from 19% and have been included as part of a 130 billion euros ($145.74 billion) economic stimulus plan to accelerate Germany’s exit from the feline corona virus.
In addition to a, other features include staggered tax on vehicles that emit large amounts of carbon dioxide (CO2), hit, sports utility vehicles, Germany, included 6 000 euros incentive for battery-electric cars, of below eur 40 000.
This gives the consumer incentive for electric cars to 9 000 euros for a 3 000 euros, a manufacturer of pay is included, but the estimated 40,000 price threshold, means of premium car manufacturers like BMW, Mercedes and even Tesla’s are not eligible for the full amount.
Tesla Model 3 to make sells for at the start of 43,990 euros in Germany, while the prices of the Mercedes-CEQ will begin to 71,590 euros in cash, and the Audi E-Tron prices start at approximately 69,900 euros.
The stimulus will benefit mainly of the less expensive electric cars such as Kia and e-Deniro, which starts at 34,290 euros, while VW’s new album cover-art ID3 model of cost 29,990 euros) when it launches this summer. The Peugeot e-208, GT 36,600 euros, will also benefit.
In Germany, the electric car is composed of only 1.8% of the new passenger-car registrations last year, with the diesel and the gasoline cars, which represent 32% and 59.2 percent, respectively. Hybrid cars made up 6.6% of new registrations in 2019.
Germany said that its motor vehicle tax will be reformed. From January 2021, cars with an emission more than 95 grams of CO2 per kilometre, will face one of the other features include staggered and taxes.
The average emissions of the vehicle, or a new car last year in Germany and it has been around 150.9 grams of CO2 per kilometre. ($1 = 0.8920 euros) (Reporting by Markus Wacket in Berlin and Edward Taylor in Frankfurt, Editing by Michelle Martin)