New German Government to Revamp Incentives for Electric Cars

New Volkswagen ID.4 electric vehicles are ready for delivery at the automaker's customer center in Wolfsburg, Germany, on March 26, 2021. RONNY ARTMANN/AFP/GETTY IMAGES
New Volkswagen ID.4 electric vehicles are ready for delivery at the automaker's customer center in Wolfsburg, Germany, on March 26, 2021. RONNY ARTMANN/AFP/GETTY IMAGES
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New German Government to Revamp Incentives for Electric Cars

New Volkswagen ID.4 electric vehicles are ready for delivery at the automaker's customer center in Wolfsburg, Germany, on March 26, 2021. RONNY ARTMANN/AFP/GETTY IMAGES
New Volkswagen ID.4 electric vehicles are ready for delivery at the automaker's customer center in Wolfsburg, Germany, on March 26, 2021. RONNY ARTMANN/AFP/GETTY IMAGES

Germany's new government said Monday it is extending the country's current system of incentive payments for buyers of electric and hybrid cars for a year but then plans to impose tougher requirements for vehicles to qualify for the support.

The economy and climate ministry that was set up when Germany's new government took office last week said it will only provide payments starting in 2023 for “electric vehicles that demonstrably have a positive climate-protection effect.”

Meeting that requirement will be based, in part, on a minimum distance cars can travel under electric power, The Associated Press.

For the next year, the current system will still apply, making buyers of electric-only cars eligible for incentives of up to 9,000 euros (about $10,200) and qualifying buyers of plug-in hybrids for up to 6,750 euros.

Robert Habeck, Germany’s new economy and climate minister, said the government is trying to ensure "continuity” while it works on a new system.

“We will become more ambitious with support in the future, in order to boost electromobility further and strengthen climate protection," he said.

Habeck is a co-leader of the environmentalist Green party. He is also vice chancellor in the three-party government of center-left Chancellor Olaf Scholz, which took office Wednesday.

The new government wants to have at least 15 million fully electric cars on the road by 2030. It also aims to step up efforts against climate change by expanding the use of renewable energy and bringing Germany’s exit from coal-fired power forward from 2038, “ideally” to 2030.



Manga Productions Signs Publishing Agreement for 'Dynasty Warriors: Origins' with Japan's Koei Tecmo

"Dynasty Warriors: Origins" will be released in the Middle East and North Africa (MENA) region on January 17, 2025. (SPA)
"Dynasty Warriors: Origins" will be released in the Middle East and North Africa (MENA) region on January 17, 2025. (SPA)
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Manga Productions Signs Publishing Agreement for 'Dynasty Warriors: Origins' with Japan's Koei Tecmo

"Dynasty Warriors: Origins" will be released in the Middle East and North Africa (MENA) region on January 17, 2025. (SPA)
"Dynasty Warriors: Origins" will be released in the Middle East and North Africa (MENA) region on January 17, 2025. (SPA)

Manga Productions, a subsidiary of the Mohammed Bin Salman Foundation (Misk), has signed a publishing and distribution agreement with the Japanese company Koei Tecmo for the release of the new game "Dynasty Warriors: Origins" in the Middle East and North Africa (MENA) region on January 17, 2025.

The game will be available on PlayStation 5, Xbox Series X|S, and PC. Manga Productions will collaborate with Koei Tecmo to localize the game for Arabic-speaking audiences in the MENA region and provide opportunities for Saudi talents to participate in the process, reported the Saudi Press Agency on Monday.

The company will also handle the game's publishing and marketing efforts.

This latest installment in Koei Tecmo's renowned "Dynasty Warriors" series offers players the chance to engage in legendary battles and devise thrilling combat strategies. The game immerses players in the mythical world of the Three Kingdoms of ancient China, which is filled with heroic characters and intense wars, appealing to both long-time fans and newcomers to the series.