Energy Law and Economics by Klaus Mathis & Bruce R. Huber

Author:Klaus Mathis & Bruce R. Huber
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

2 Electric Transportation in Germany: An Overview

2.1 Electric Transportation as a Policy Goal

Further diffusion of electric vehicles on the German market is “an issue of major strategic importance for the German Federal Government”.24 Germany seeks to become a lead market for electric transportation. The goal is to put one million electric vehicles on the road by 202025 through an instrument mix of direct funding and incentives.

To be sure, electric transportation is a global effort. The United States of America, too, seek to have one million electric vehicles on the road by 2020.26 Other major contenders are China and Japan.27

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