Germany Proposes Free Parking To Spur Electric-car Sales - Bloomberg

September 26, 2014

Sales will rise amid an increasing selection of electric models and a growing number of e-cars on the roads. Germany, the focal point of the European auto industry, has set a goal of having 1 million electric vehicles on its roads by 2020, from about 21,000 at the start of the year. The goal is aimed at underscoring the countrys prowess in auto manufacturing as well as reducing greenhouse gas emissions to meet climate-protection targets. Transport, which accounts for about 16 percent of the countrys carbon-dioxide emissions, generated about 140 million metric tons of CO2 in 2012, from about 161 million tons in 2001. The measures can boost electric mobility, Matthias Wissmann, president of the VDA auto industry group, said today in an e-mailed statement. The rules have to take effect quickly and apply nationally to convince customers, he said. Motoring Culture Germany was a transport pioneer when it visit homepage opened Europes first car-only highway in 1921 in Berlin. Its free-wheeling autobahn, which often doesnt have a speed limit, has spurred a motoring culture, helping Bayerische Motoren Werke AG (BMW) , Daimler AG (DAI) s Mercedes-Benz and Volkswagen AG (VOW) s Audi and Porsche dominate link the market for high-end cars. Including vehicles like BMWs i3 and an electric version of Daimlers Smart car, German automakers will offer 17 electric-powered models by the end of 2014, and another 12 will be going on sale next year, VDA said. Hybrids with CO2 emissions of no more than 50 grams per kilometer or an electric range of more than 30 kilometers (18.6 miles) qualify for the benefits, according to the governments statement.

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