Germany Ready to Support Electric Car Battery Makers, Says Minister

Germany Ready to Support Electric Car Battery Makers, Says Minister

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German Economic Minister Peter Altmaier leaves after delivering a statement regarding the Trump Administration's steel and aluminium tariffs, outside of the White House in Washington
German Economic Minister Peter Altmaier leaves after delivering a statement regarding the Trump Administration's steel and aluminium tariffs, outside of the White House in Washington, U.S., March 19, 2018. REUTERS/Leah Millis

BERLIN (Reuters)

The German government is ready to offer support to the makers of batteries for electric vehicles, Economy Minister Peter Altmaier said on Tuesday, saying one possibility might be to exempt them from some energy levies

Speaking at an industry event, he said the production of batteries for electric cars was not necessarily a matter for carmakers, but the future manufacture of battery cells must be guaranteed. The German government would support that.

 

 

Altmaier said a possibility might be to exempt the batteries’ energy-intensive production from some electricity charges. He added that decisions must be made soon on electric vehicles and future technology in cars.

 

(Reporting by Gernot Heller; Writing by Madeline Chambers; Editing by Paul Carrel)

 

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