(Berlin, Germany) The electric car industry in Germany is not meeting expectations.
The German government has abandoned its goal of having one million electric cars on the streets of the country by 2020.Without significant taxpayer subsidies, electric cars are not attractive to buyers.
"The hype is over," the Frankfurter Allgemeine Sonntagszeitung wrote, citing information from the Ministry of Education and Research. The high expectations for electric cars, which have no carbon dioxide emissions, has been replaced by huge disappointment, the paper wrote.
Environment Minister Peter Altmaier admitted that there are problems with electric cars and Economy Minister Philipp Rösler has refused to encourage electric car sales with economic incentives.