26
May
Germany has introduced new subsidies to support the electric vehicle (EV) market, aiming to achieve 50% EV adoption by 2030. The plan includes tax breaks for buyers and incentives for EV manufacturers. Interestingly, the German transport ministry has opened up avenues for importing EVs from Asian manufacturers, including Indian and Bangladeshi companies. Brands like Tata Motors and Mahindra are reportedly in talks to enter the EU market. Industry experts in Kolkata and Dhaka are optimistic, seeing this as an opportunity for South Asian automakers to tap into Europe’s green mobility future.