FILE PHOTO: Tesla cars are seen parked at the construction site of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 20, 2022. REUTERS/Hannibal Hanschke/File Photo
BERLIN (Reuters) -State-funded financial incentives to buy electric cars in Germany will be reduced next year after an agreement within the governing coalition, people familiar with the discussions told Reuters.
The incentives, or premiums, paid to buyers of electric cars will expire completely once an allocated sum of 2.5 billion euros ($2.53 billion) is spent, according to the government sources.
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