Wheels
Germany reaches 1m electric vehicles target on its roads
Germany has reached its target of having one million electric vehicles on the roads, local media reported on Tuesday.
“With one million electric cars on German roads, we have reached a decisive milestone,’’ German newspaper chain Redaktionsnetzwerk Deutschland quoted Peter Altmaier.
The federal minister for economic affairs and energy said “our transport is being irreversibly converted to renewable energies.’’
According to Altmaier’s ministry, the target was reached after 57,000 new registrations were made in July, slightly behind the original schedule of the end of 2020.
A decisive factor in the latest development was the introduction of a so-called innovation bonus as an increased subsidy for the purchase of electric vehicles.
The premium was introduced a year ago and payments were recently extended until 2025, the ministry said.
“To achieve the climate targets by 2030, however, we need to be even more ambitious,’’ said Andreas Scheuer.
Scheuer, minister of transport and digital infrastructure, aimed to have 14 million electric vehicles on the road by the end of the decade.
Continue Reading
-
Featured6 days agoOsun 2026: What the battle could signal for 2027 general elections
-
Business1 week agoWho is really benefiting from Nigeria’s economic reforms?
-
Featured6 days agoOsun Election: How poverty turns ₦20,000 into a powerful vote-buying tool
-
Latest6 days agoCoca-Cola faces backlash over alleged AI filter blocking Christian messages
-
Business1 week agoPound climbs to N1,837 as Naira holds steady amid stronger FX market liquidity
-
Latest6 days agoOsun poll: Chaos in Ejigbo as voters, INEC officials run for safety
-
Latest7 days agoOsun 2026: 10 LGAs that could decide the governorship election
-
Featured1 week ago
Osun Decides: Security tightened as millions prepare to choose next governor