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Germany announces plan for EV subsidy reductions

Teslarati

The German government announced on Tuesday its new plan of financial incentives for electric vehicle purchases. Drivers will no longer receive the same amounts they did previously for purchasing electric cars, as Germany announced it would reduce the amount of money it gives consumers for switching to sustainable powertrains.

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Tesla compensates for the end of EV subsidies in Germany

Teslarati

The Texas-based automaker said it would also maintain its manufacturer’s share of €2,250 in its new Model 3 and Model Y orders, starting December 18 to 31. In a press release dated December 16, Germany’s Federal Ministry for Economic Affairs and Climate Protection (BMWK) announced the end of its EV subsidy program.

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Mercedes breaks ground on new battery recycling facility in Germany

Teslarati

Mercedes has broken ground on a new battery recycling facility in Germany, focusing on “closing the loop” and allowing the automaker to source more battery materials sustainably. This is achieved through a mix of solar energy installed at the facility and green energy purchased from the grid.