Germany's $1 billion electric-car incentive plan approved by cabinet: update

After much discussion, Germany appears poised to implement significant incentives to encourage the purchase of electric cars. This week, the German government announced an incentive program that will include rebates for both electric cars and plug-in hybrids. The costs of the program are estimated at roughly 1 billion euros (about $1.1 billion) to... Germany's $1 billion electric-car incentive plan approved by cabinet: update