FollowThe automotive industry needs to make a massive effort in order to maintain connectivity to the electric mobility phenomenon; electric cars are not only more expensive than their gasoline-burning counterparts (not taking externalities into account, such as the effect of burning fossil fuels on our health, environment, economy, and future livability of our planet), but they have a significantly shorter range and fuel is (for now) less readily available. Battery-powered vehicles can take hours to charge completely.
The EU has been offering incentives to auto makers for greener vehicles for some time, and buyers of electric and hybrid cars in many countries can expect some kind of tax credit. In Germany, the federal government is offering incentives to research institutions to develop practical electric vehicles. Their stated goal is to have a million EVs on the road in Germany by 2020 — a tiny fraction of the 42 million registered cars in the country today.
