Nice chunk of change - Volkswagon

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Nope - no corruption here. From Deutsche Welle (German World):

German government expands subsidies for electric cars
The German government and car industry have agreed to increase joint subsidies for the purchase of electric cars on the same day automobile giant Volkswagen began production of a new all-electric vehicle.

The agreement between the government and the automobile industry was reached following a Monday evening "car summit" aimed at fostering the mass production of cleaner transportation. 

And how much?

Under the agreement, consumer subsidies for electric cars costing less than €40,000 ($44,500) will increase to €6,000 (about $6,700) from €4,000. Purchasers of plug-in hybrids in this price range would be given a subsidy of €4,500, up from €3,000.

This money is coming out of German taxpayer's wallets and is being used to subsidize coal-burning cars. Electricity is not a fuel, it is an energy transport medium and these cars are burning coal and natural gas.

I wonder who Volkswagon had to bribe to get this free lunch.

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About this Entry

This page contains a single entry by DaveH published on November 5, 2019 9:25 AM.

Very bad court decision was the previous entry in this blog.

A bit of a bombshell from Project Veritas is the next entry in this blog.

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