BERLIN/FRANKFURT (Reuters) – Germany unveiled sweeping vehicles incentives for the cheap electric cars and hybrid, provides a boost-Volkswagen (VOWG_p.DE– ) electric and push, while other features are staggered and taxes on environmental polluting combustion-engined cars will be punished, and sports utility vehicles.
FILE PHOTO: A Volkswagen E-Golf electric car is displayed at the Canadian International Auto Show in Toronto, Ontario, Canada, 18. February, by the year 2020. REUTERS/Chris Helgren/file photo
Buyer incentives for passenger cars, as well as a reduction in VAT to 16% from 19%, and as part of a 130 billion euro ($145.74 billion Euro) stimulus were accelerate program, Germany’s recovery from the feline corona virus.
In addition to a, via differential tax on vehicles, large amounts of carbon dioxide (CO2) emitted, beat, Sport-utility vehicles, Germany, including a 6000-euro incentive for battery-electric vehicles, of under 40,000 euros.
This gives the consumer incentive for electric cars to 9,000 euros for the once – € 3,000, manufacturer stipend is included, but the estimated 40,000 price threshold, does not mean premium automotive companies such as BMW, Mercedes and even Tesla’s are eligible for the full amount.
Tesla’s Model 3-retail 43,990 euros in Germany, while the prices for the Mercedes-EQC starts on 71,590 euros in cash, and the Audi E-Tron prices start at around 69,900 euros.
The stimulus is, the main beneficiaries of cheaper electric cars such as Kia and e-Deniro, which starts at 34,290 euros, while VW is the new album cover-art ID3 model will cost 29,990 euros) when it launches this summer. Peugeot e-208, GT, of the 36,600 euros, will also benefit from it.
In Germany, electric cars, the only to 1.8% of new car registrations last year, with diesel and petrol cars, accounting for 32% and 59.2% percent, respectively. Hybrid cars up to 6.6% of new registrations in 2019.
Germany, said that his car tax is to be reformed. From January 2021 onwards, cars with emissions of more than 95 grams of CO2 per kilometre, will staggered a other features and taxes.
The average vehicle emissions, or a new car in Germany last year, and it was 150.9 grams of CO2 per kilometer.
($1 = number of 0.8920
Reporting by Markus Wacket in Berlin and Edward Taylor in Frankfurt; Editing by Michelle Martin