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The rich buy electric cars, but we all pay for them

     
Tomáš Jelínek
5. 9. 2024 ▪ 12:12

Although more and more electric cars are appearing on the roads, only a small group of residents with higher incomes can afford to buy them. The wealthy are purchasing electric cars, and due to subsidies for them, we all end up paying the price, Germans complain after the pressure to reintroduce subsidies for the purchase of electric vehicles.

Elektromobily jsou v současnosti dostupné jen malé skupině lidí s vyššími příjmy, platíme za ně ale všichni
Elektromobily jsou v současnosti dostupné jen malé skupině lidí s vyššími příjmy, platíme za ně ale všichni
Photo: Unsplash

In recent years, there has been a growing discussion in Europe about ecological transportation and electric vehicles, which are often presented as solutions for improving air quality and reducing greenhouse gas emissions. Germany, as one of the world's most significant automotive powers, plays a key role in this area. Electric cars are considered the future of transportation in Germany, despite considerable economic and political controversies accompanying this trend. The main issues include the question of subsidies for electric cars and their availability to the general public.

Are electric cars just a toy for the rich?

Although electric cars are gradually gaining popularity, they remain inaccessible to most people. This is primarily due to their high price, which is often an insurmountable barrier for average consumers. Studies show that electric cars are mainly purchased by wealthier segments of the population, while for the middle and lower-income groups, electric cars remain unaffordable. This trend is significant in Germany and provokes resentment among taxpayers. They are forced to contribute to subsidies that ultimately benefit mainly the wealthy inhabitants.

According to the German news portal Focus, subsidies for electric cars in reality “reward the wealthy greens”. According to Focus, while subsidies are funded by public money, electric cars are primarily purchased by those who can afford them without state support. This creates a paradoxical situation where all taxpayers contribute to a technology that is utilized by only a small portion of them. Germans who cannot afford an electric car are rightfully asking why they should pay for the development of a technology from which they do not directly benefit.

The discussion about electric cars and their subsidies has recently taken a new direction. The German government, which has recently limited subsidies for electric cars, is now considering reintroducing them. The reason is the effort to save the Volkswagen car company, which is struggling with a decline in demand and production issues in the electric car sector. Volkswagen is one of the largest car manufacturers in the world, and if it faced serious financial problems, it could have a dramatic impact not only on the German economy but also on the global automotive industry.

Currently, German politicians are debating whether it would be good to reintroduce support for the purchase of electric cars, which should help Volkswagen overcome the current crisis. This move, however, again provokes discontent among the population. People fear that taxpayers will have to pay for the problems of the automotive industry, even though they do not directly benefit from electromobility. Critics argue that subsidies should help all citizens, not just large corporations and wealthy individuals.

The fact remains that electric cars are currently accessible mainly to wealthier residents, which has broader social implications. Although electric cars are presented as a key part of combating climate change, if only the wealthiest can afford them, the question arises of how fair this transition to sustainable mobility really is. Many Germans feel unfairly burdened by state policies that expect them to pay for the transition to electromobility without being able to use the technology themselves. From their perspective, electromobility represents a sort of “luxury project”, the benefits of which are entirely out of their reach.

Proponents of electromobility argue that subsidies are intended to accelerate the development of technology that will be available to everyone in the future. They claim that over time, the production of electric cars will become cheaper, allowing for their widespread adoption. Skeptics, however, point out that this optimism is premature. Electric cars still require massive investments in infrastructure, the development of new technologies, and battery production, which keeps their price at a high level.



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The original article was published in Czech under the title: Bohatí si pořizují elektromobily, platíme za ně ale všichni