European buyers rushed to the car market for new electric cars at a bargain price. This is reported by Bloomberg.
For example, in Germany, electric cars can be purchased at a price lower than the average cost of mobile operators, and some even get free of charge. Government subsidies cover, in particular, the rental of Renault Zoe. According to a representative of the Autohaus Koenig dealer network, about three thousand people applied for the product within 20 days from the moment of placing this offer on the site. Almost 300 have signed contracts.
Experts have predicted that Renault Zoe sales in France will double by the end of 2020, despite the growing demand for gasoline-powered vehicles in the country. In the Netherlands, the 10 million Euro electric car market assistance Fund spent money in eight days.
The governments of France and Germany have decided to increase subsidies for the purchase of electric vehicles due to the COVID-19 pandemic, which has dealt a powerful blow to the car industry. Sales in Europe recovered more slowly than in China or North America, so politicians decided to stimulate economic activity in this way.
Among the European countries that refused to accelerate the turn towards electric cars are the United Kingdom and Belgium, which have cut aid. China planned to cancel the subsidies this year but extended them until 2022 due to the effects of the coronavirus.