Germany vs. Market Reality: Why Berlin’s New $7,000 EV Subsidy Won’t Save Its Auto Industry
Two months after demanding Brussels weaken the 2035 combustion engine ban, Chancellor Friedrich Merz’s government is now pledging billions in taxpayer money to boost EV sales. The contradiction reveals Germany’s auto industry isn’t facing a policy problem. It’s facing a competitiveness crisis that no subsidy can fix. The Fact: Germany will offer families with small…