Germany’s electric vehicle subsidy program has drawn applications from 100,000 households since its launch, and officials are calling the pace of uptake a surprise. The Federal Ministry for the Environment confirmed the milestone in early October, noting that approvals had roughly doubled in a single month, climbing from about 50,000 in early September to 97,790 just before the threshold was crossed.
The success of this subsidy program will leave firms like Massimo Group (NASDAQ: MAMO) wishing that policy makers in the jurisdictions where they have…
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