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.



Australia Ditches Plans to Fine Tech Giants for Misinformation

Facebook's new rebrand logo Meta is seen on a smartphone in front of displayed logo of Facebook, Messenger, Instagram, WhatsApp, Oculus in this illustration picture taken October 28, 2021. (Reuters)
Facebook's new rebrand logo Meta is seen on a smartphone in front of displayed logo of Facebook, Messenger, Instagram, WhatsApp, Oculus in this illustration picture taken October 28, 2021. (Reuters)
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Australia Ditches Plans to Fine Tech Giants for Misinformation

Facebook's new rebrand logo Meta is seen on a smartphone in front of displayed logo of Facebook, Messenger, Instagram, WhatsApp, Oculus in this illustration picture taken October 28, 2021. (Reuters)
Facebook's new rebrand logo Meta is seen on a smartphone in front of displayed logo of Facebook, Messenger, Instagram, WhatsApp, Oculus in this illustration picture taken October 28, 2021. (Reuters)

Australia has ditched plans to fine social media companies if they fail to stem the spread of misinformation, the country's communications minister said Sunday.

The proposed legislation outlined sweeping powers to fine tech companies up to five percent of their yearly turnover if they breached new online safety obligations.

Communications Minister Michelle Rowland said she had dumped the bill after running into significant opposition in the country's senate.

"Based on public statements and engagements with senators, it is clear that there is no pathway to legislate this proposal through the senate," she said in a statement.

The proposed bill notably drew the ire of tech baron Elon Musk, who in September likened the Australian government to "fascists".

Australia has been at the forefront of global efforts to regulate the tech giants.

The government will soon roll out a nationwide social media ban for children under 16.

Social media companies could be fined more than US$30 million if they fail to keep children off their platforms, under separate laws tabled before Australia's parliament on Thursday.