Germany is the country where well established auto industries are found such as VW, BMW as well as the Daimler have their headquarters. These automakers are now heavily investing on the electric cars. Tesla is also in the process of establishing its first Gigafactory in the Europe, this upcoming factory will be located near Berlin.
Gas stations in Germany will be required to provide charging for electric vehicles as part of the country’s €130 billion coronavirus stimulus package. In addition, the government is also increasing its subsidy for electric vehicles by €3,000 to €6,000 for cars costing less than €40,000. These measures could see many people adopt EVs, having in mind Germany is an automotive industry epicenter.
According to Reuters, the percentage of EVs sold in the country is less than 2 percent compared to 32 percent for diesel cars and 59.2 percent for petrol. In May 2020, the market share for EVs stepped up to 3.3 percent, though non-hybrid fossil-fueled cars accounted for 82.7 percent of sales, according to vehicle agency KBA. Major limiting factor for adoption is range anxiety, with customers worried that they won’t be able to recharge if their vehicle runs out of power while on the road.
However, with the new law that has been put in place to ensure more electric chargers are fitted in the many gas stations that are available in the country, this means in each gas station they should be a charging station this is a good move to ensure people adopt the EVs. The country is estimated to have 14,118 gas stations, but one report suggests it will need around 70,000 charging stations and 7,000 fast chargers to achieve mass market adoption. The country had 27,730 electric cars charging stations as of March 2020.
France has also followed the Germany route where it has announced a subsidy of up to €12,000 when anyone buys an electric car.
