German cabinet wants to support electric cars-report

Newswire

BERLIN, May 5 (Reuters) - Germany's cabinet wants to commit billions of euros to boost the electric auto sector so that 1 million cars are registered by 2020, a newspaper said on Thursday.

Without naming its sources, mass-selling Bild daily reported that Chancellor Angela Merkel's cabinet would late this month agree to eliminate motor vehicle tax on the cars for their first ten years of registration.

Taxes would be reduced on electric cars used for work purposes to the ...

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