Today’s Solutions: May 28, 2022

Range anxiety is one of the main reasons why drivers opt for gas-powered vehicles instead of going electric. In a commendable effort to overcome this hurdle and boost demand for electric vehicles, Germany will soon require all of its petrol stations to offer electric car charging ports.

The green incentive is part of a sweeping €130 billion ($146 billion) economic recovery plan, boosting electric vehicle demand which has been hampered by consumer concerns over refueling. The plan will also include staggered taxes to penalize ownership of large polluting combustion-engined sports vehicles.

In Germany, electric cars made up only 1.8% of new passenger car registrations last year, with diesel and petrol cars accounting for 32% and 59.2% respectively. Converting Germany’s 14,118 petrol stations would provide a significant boost to electric vehicle demand.

This new regulation is exactly the type of policy change we’d love to see more countries implement as part of their recovery plans following the pandemic.

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