Menu

Blog

Jul 15, 2020

France and Germany lap up electric cars as subsidies make them ‘almost free’

Posted by in categories: mobile phones, sustainability, transportation

Car buyers in Europe can now get their hands on a brand-new electric vehicle for less than the typical cost of a mobile-phone contract. Thanks to newly generous subsidies, some are even free.

Shoppers have swarmed virtual showrooms in Germany and France — the region’s two largest passenger car markets — after their national governments boosted electric-vehicle incentives to stimulate demand. Their purchase subsidies are now among the most favorable in the world.

The state support is allowing Autohaus Koenig, a dealership chain with more than 50 locations across Germany, to advertise a lease for the battery-powered Renault Zoe that is entirely covered by subsidies. In the 20 days since it put the offer online, roughly 3,000 people have inquired and about 300 have signed contracts.

Leave a reply