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.
-
Business1 week agoDangote Refinery IPO: 70% Subscription claim meets fourfold demand assertion as investors seek clarity
-
Featured4 days agoInside INEC’s race to prepare for Nigeria’s 2027 elections
-
Latest7 days agoUCTH faces morgue crisis as 50 unclaimed corpses await mass burial
-
Featured4 days ago2027: APC unveils nationwide campaign timetable, Tinubu to rally in 12 states
-
Business6 days agoBREAKING: Nigeria’s Inflation Rate Drops to 14.63% in September
-
Aviation1 week agoGermany opens online application route for student, EU Blue Card and other long-stay visas
-
Business6 days agoPresident Tinubu and the Low Transport Fares Fiasco
-
Business4 days agoCourt dismisses ₦170m Trade Fair contract claim, says Zenith Bank was not a party


