Germany will continue exempting electric vehicles from motor-vehicle taxes until 2035, a move the government says is essential to sustain momentum in its shift toward cleaner transport. Federal Finance Minister Lars Klingbeil confirmed the draft legislation this week, ending months of uncertainty surrounding the program after repeated warnings that tight public finances could curtail it.
The approach adopted by Germany to support vehicle electrification ties in with the country’s shift to renewable energy. North American companies like PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FRA: 103) could be thinking that the…
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