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Germany Launches New EUR3B EV Subsidy Benefiting CN Automakers
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Germany announced a EUR3 billion EV subsidy program open to all automakers, meaning Chinese automakers will also benefit. This move aims to promote the popularization of EVs. German Environment Minister Carsten Schneider said that he is confident in the quality of European and German brands, and there is no evidence of a massive influx of Chinese-made cars into Germany, either in data or on the roads. He emphasized that the government will choose direct competition rather than imposing any restrictions. AASTOCKS Financial News Website: www.aastocks.com |
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