"Damage to the market economy"

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The planned purchase premiums for electric cars will lead to expensive consequences. It would be better to invest taxpayers' money in technology-open research and development.

The federal government wants to promote electromobility with higher subsidies. Hartmut Rauen, Deputy Executive Director of the VDMA, comments:


"The purchase premiums for electric cars are once again an attempt to form a market with the help of taxpayers' money - at the end of the value chain, instead of the beginning. This is the most expensive way with the highest risk of losses, because those buyers are also encouraged who do not need such a premium. It would be better to invest the money at the beginning of the value chain - in technology-open research and development. Intelligent production technologies to reduce product costs should be promoted. The tax incentives for industrial research that have been promised for a long time are the right way to go, but the step envisaged here is far too small.

"It would be better to invest the money at the beginning of the value chain - in technology-open research and development."

With a view to the jobs of tomorrow, the government must also ask itself: Where are the suitable framework conditions for future-oriented investments, where are the special depreciation allowances for large private investments? The aim must be to promote technologies for building the production of various propulsion technologies and to bolster private investment. With purchase premiums, Germany is not driving into the best future, but is causing damage to the market economy."