Germany, the land of Volkswagen, Porsche, and BMW, is now planning to become the leader in Electric Vehicles by developing a million plug-in vehicles by the end of 2020.
According to Germany Trade & Invest publication, a study estimates that there will be about a million units of plug-in vehicles in the country by the end of the decade.
By the end of the year 2020, the publicly accessible charging stations in Germany will increase to about 150,000, which is more than any number compared to any other European country.
And vehicles such as the BMW i3 plug-in and the plug-in hybrid versions of the Volkswagen Golf and Passat, can take benefit from these charging stations. These vehicles will hit the market in the next couple of years.
They also added that battery is the most integral part of any plug-in vehicle, therefore it is crucial for investment and research to get a more efficient and better battery in future cars.
German auto makers and the government authorities are also investing in hydrogen fuel-cell vehicles that emit only hydrogen and water.
Germany Trade & Invest is a foreign trade and inward investment promotion agency that advises foreign companies who were looking to expand their business activities in the German market.