"The future of the global market is now more than ever China"
The early termination of the state purchase premium for electric cars could have far-reaching consequences. This is what industry expert Dudenhöffer told the German newspaper "Reihnische Post". According to him, the German industry would lose a decisive advantage from which China in particular would benefit.
According to industry expert Ferdinand Dudenhöffer, the abrupt end of state purchase premiums for electric cars will have dramatic consequences for the German automotive industry. Dudenhöffer told the Düsseldorfer "Rheinische Post" on Monday: "The competitiveness of manufacturers will now be severely damaged." Instead, he sees an upswing for Chinese car manufacturers: "The future of the global market is now more than ever China." Without high investment in electric cars, the German industry would lose decisive advantages. "The Chinese are massively expanding their car industry because they have customers. Our manufacturers no longer have any."
The decision by Economics Minister Robert Habeck was also "chaotic", added Dudenhöffer. The plan to only phase out the funding at the end of 2025, on the other hand, would have been "very, very good", according to the expert. "We would have been able to continue the ramp-up with high unit numbers until the end of 2025." The industry would have been able to build up more battery capacity and implement new technologies. Then, according to him, the e-car would have become cheaper. "Now Habeck has pulled the plug. Sales are going down like a primrose."
The FDP, on the other hand, supports Economics Minister Habeck's decision to phase out the purchase premium for e-cars now. Reinhard Houben, economic policy spokesperson for the parliamentary group in the Bundestag, told the newspaper: "Extraordinary times call for extraordinary measures." Each minister is responsible for making savings in their own department. "Robert Habeck is taking a more consistent approach here than Cem Özdemir, who obviously does not want to take responsibility for the savings in his department," said Houben.
Houben rejecteddemands from the SPD to slow down the phase-out. It was surprising that Habeck would cancel a subsidy such as the e-car premium at such short notice. "Revising this announcement and seeking a gradual phase-out would make all those affected more insecure and cause further resentment." In addition, savings would then have to be made elsewhere, which would trigger further resistance, said Houben.
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The abrupt end of state subsidies for electric cars, as proposed by Economics Minister Robert Habeck, could disadvantage the German electrical industry, especially when compared to China's rapid expansion in the automotive sector due to its customer base. Alliance 90/The Greens' Robert Habeck's decision to terminate the purchase premium for electric cars early could alter the competitive landscape, potentially benefiting Chinese electric car manufacturers. The ongoing expansion of China's electrical industry is a significant factor in the future dominance of the global electric car market, as highlighted by industry expert Dudenhöffer.
Source: www.ntv.de
