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German Government Expands Subsidies For Electric Cars
 

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. From a report: 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. Under the agreement, consumer subsidies for electric cars costing less than $44,500 will increase... read more

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