Leasing solution for e-cars from Europe as a way out of the subsidy dispute?
(Photo: Reuters)
Brussels The negotiators are running out of time. Before the end of this year, the US government has to determine how its major subsidy law for the green transformation, the Inflation Reduction Act (IRA), is to be implemented. The Europeans welcome the fact that the Americans are finally taking action against climate change – but fear that their companies will be systematically disadvantaged.
Crisis talks between Brussels and Washington have been going on for weeks. Now, with the deadline approaching, a solution is emerging. The US government is considering making concessions to the Europeans on two points, as the Handelsblatt learned from negotiating circles: on electric cars and on battery production.
The IRA offers lavish subsidies for American-made electric cars. However, these are linked to price and income limits. Exceptions apply to commercial vehicles. The idea of the negotiators is now to formulate the implementation regulations in such a way that leased vehicles are considered commercial vehicles.
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