MADRID – The Spanish government, pressured by the European Commission to reduce its deficit by nearly half this year, slashes subsidies for purchases of electric vehicles. The E72 million ($96 million) incentives program was launched in May 2009, but only slightly more than 300 EVs had been registered in Spain by the end of that year. Of those, only 20 were registered by individuals, the rest going to various agencies and departments of the country’s central and regional ...
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