Merkel sticks to electric cars target despite setbacks

Newswire

BERLIN, May 27 (Reuters) - Chancellor Angela Merkel has reaffirmed her target to bring one million electric cars onto German roads by the end of the decade, despite weak interest from consumers. Her government is hosting a two-day industry summit in Berlin to promote the fledgling technology, after fewer than 3,000 electric cars were sold in Germany last year out of a total market that exceeded 3 million. The German auto industry plans to invest roughly 12 ...

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