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German economy minister Peter Altmaier has joined a growing chorus of calls for extending subsidies to boost the rollout of electric cars. "I want hundreds of thousands of employees in the car industry to still have good jobs in 10 or 15 years," Altmaier, a member of Chancellor Angela Merkel鈥檚 conservative CDU/CSU alliance, according to a聽聽carried by Handelsblatt. With reference to Germany's current buyers' or 鈥渋nnovation鈥� premium, which grants up to 9,000 euros for new e-cars, he added: "For this, the innovation premium is an important contribution."

The current subsidy for electric vehicles and plug-in hybrids is set to expire at the end of 2021. Earlier this month, other leading conservatives had also聽called聽for an extension of the subsidy, which has fuelled a substantial increase in the registration of new electric vehicles. Bavarian state premier Markus S枚der said the support scheme should be extended by three or four years "if we really want聽to make progress on the transformation process."

The take-up of electric vehicles has been slow in Germany in comparison to many other markets. But thanks to the new government incentives, registrations have picked up sharply in recent months. In October, the share of pure electric cars in new car registrations聽reached 8.4 percent聽as a record number of car buyers opted for alternative propulsion systems.