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Spain hopes electric cars will help jump start future - Cars : europa, europe | euronews

Spain is revving up its green credentials with a plan to encourage electric cars. It wants to see a quarter of a million of them on its roads by 2014, investing 590 million euros in public funds.

Lower off-peak power rates and recharging points in homes, car parks and motorways are on the cards.

One recent convert said: "A hundred kilometres in this costs one and a half euros, compared to eight euros of petrol for a normal car, so you save a lot. You could say this kind of car pays for itself."

The socialist government has announced a 20 percent subsidy for electric car purchases, with a 6,000 euro ceiling. The prime minister unveiled the plan within the context of the economic crisis. Spain is one of the EU countries hardest hit.

by Fran (fran at eurotrib dot com) on Tue Apr 6th, 2010 at 04:01:21 PM EST
[ Parent ]
Yeah, but who's going to build those cars? Volkswagen?

The brainless should not be in banking -- Willem Buiter
by Migeru (migeru at eurotrib dot com) on Wed Apr 7th, 2010 at 04:42:27 AM EST
[ Parent ]

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