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Germany unveiled the incentives as part of a broader stimulus
plan which included staggered taxes to penalise ownership of
large polluting combustion-engined sports utility vehicles.
Customers have been concerned about the limited operating range
of electric cars, a factor which has hampered demand. Converting
Germany's 14,118 petrol stations would provide a significant
boost to electric vehicle demand.
In Germany, electric cars made up only 1.8% of new passenger car
registrations last year, with diesel and petrol cars accounting
for 32% and 59.2% respectively.
Of the 168,148 new registrations in May, only 5,578 or 3.3% were
electric cars according to German vehicle agency KBA. A further
51.1% were petrol powered, 31.6% were diesel cars and 17.6% were
hybrid or plug-in hybrid cars.
As of March 2020, Germany had only 27,730 electric car charging
stations according to BDEW, Germany's association for the energy
and water industry.
To make electric cars a mass market phenomenon, at least 70,000
charging stations and 7,000 fast charging stations are required,
according to the BDEW.
(Reporting by Edward Taylor; Editing by Michelle Martin)
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