“Electric vehicle target impossible to reach”

Despite government-backed financial incentives, electric vehicles have been slow to take off in Germany, Die Welt reports. The government’s ambitious goal to have a million electric cars on the streets by 2020 has now become unattainable, according to PricewaterhouseCoopers (PwC). The country is more likely to achieve half that figure, PwC predicts. The business consulting group expects the current subsidy incentive for buyers of electric or hybrid plug-in vehicles to have little impact on its forecast. There are currently some 40,000 electric and plug-in hybrids registered in Germany. PwC’s forecast reckons with a 900 percent increase in e-car purchases between 2016 and 2020.

Read the aricle in Germany here.

For background, read the CLEW dossier The energy transition and Germany’s transport sector.