Germany's Social Democrats Weigh EV Subsidies in 2025 Strategy.

Germany's Social Democrats, led by Chancellor Olaf Scholz, are considering implementing subsidies for electric vehicles (EVs) as part of their economic policy ahead of next year's elections. The party aims to boost EV sales by reintroducing a purchase premium for battery-powered cars, providing tax rebates for electric corporate cars, and implementing EV quotas for leasing providers. This proposal comes as Germany's auto industry faces challenges in adapting to the shift to EVs, including competition from cheaper Chinese brands and weaker demand. The Social Democrats also plan to advocate for tax incentives for companies with a "Made in Germany" agenda and tax cuts for the middle class. [Extracted from the article]