Subsidies slash EV lease costs in Germany, France
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Anwar Mahmood
Jul 15, 2020, 5:10:50 PM7/15/20
to Microgen Database
Thought this might be of interest.
Subsidies slash EV lease costs in Germany, France
Chancellor Angela Merkel and President Emmanuel Macron have sought to soften the coronavirus pandemic's blow to the badly hit car sector.
Germany's subsidies of as much as 9,000 euros per electric vehicle have boosted sales for Carfellows, a German auto-trading website, about tenfold.
"This is a golden moment for us," said Rainer Westdoerp, a spokesman for the Berlin-based startup, which on Wednesday will start offering leases of a full-electric Smart EQ for 9.90 euros a month.
In France, where the government raised subsidies to 7,000 euros per car this year, customers can lease the Zoe from 79 euros a month.
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