There are good ecological reasons that electric cars should replace cars with combustion engines in the near future. Yet, due to several reasons, people are still reluctant to embrace this approach. The price of fuel, for instance, is quite low, and the infrastructure of charging stations is not comprehensive. Furthermore, this technology is still more expensive than the fully developed combustion engines.
The German government decided to boost this new technology by subsidizing the purchase of a new electric car. The share of the state of the environment bonus for pure electric cars with batteries or fuel-cell drive (with no local CO2 emissions) is 2,000 Euros. For a hybrid car (with less than 50g CO2 emissions per km) is 1,500 Euros. These incentives, however, do not attract as many buyers as expected.
What measures do you think of that could stimulate the people to buy electric cars and increase their market share quickly and significantly?
The topic “Promoting Electric Mobility” can be selected by YES! teams from the region North as a YES! 2017 topic.
This topic has been selected to work on by the YES! team of the RBZ Wirtschaft . Kiel.
The project “Promoting Electric Mobility” was proposed by researchers of the ZBW – Leibniz Information Centre for Economics. The YES! Teams are supported by our editors Kristin Biesenbender and Cora Wacker.
The ZBW is the world’s largest information centre for economic literature and excellently positioned to help students gain information literacy and provide relevant resources.
The Joachim Herz Stiftung is economically independent and politically neutral. The foundation has a wide experience in developing ideas and implementing projects for young people, in particular on economic education.
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Photo credits (top to bottom): (c) shutterstock.com / Tom Wang, (c) IfW – Kiel Institute for the Economy, (c) ZBW – Leibniz-Informationszentrum Wirtschaft, (c) Joachim Herz Stiftung.