Is public research funding for electric mobility in Germany necessary?

The international competitive pressure is enormous – electric mobility is being subsidized in many markets throughout the world. Together with policy makers, the scientific community and society, German industry needs to decide quickly and act together to reach the government's targets for 2020, i.e. to be the leading supplier and the lead market in Germany.

When it comes to funding innovation, research and development in electric mobility, we are talking about projects, which jointly serve to kickstart electric mobility. Support will primarily go towards the development of competitive products so that they can sustainably establish themselves in the international market. This support for research will be accompanied by both monetary incentives (buying bonuses, for example) as well as non-monetary ones (the Electric Mobility Act, for example) during the market launch phase.