Electric Cars Set to Get Boost in Europe’s Green Recovery Plan

May 19, 2020, 3:04 PM

The European Commission is set to promote a shift to electric vehicles as part of greening the economic recovery plan.

  • EU executive is considering incentives for car makers to produce and sell clean cars and investment in charging infrastructure for electric vehicles, according to a draft EU document seen by Bloomberg News
  • “Massive support for the automotive industry will put significant debt on future generations,” the commission said in the document. “That support must respect our youth’s expectations on climate change and for a healthier and cleaner future.”
    • Commission may propose an EU-wide Purchasing Facility for Clean Vehicles, that reduces ...

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