News for hackers. Stuff that matters.

A comment on German government expands subsidies for electric cars. Parent comment

Re:German government expands subsidies for electric cars by k__ on Tuesday November 05, 2019 @11:30AM (#21453874)
True. On the other hand, at least VW is partly owned by the state.

Also, I think it's good to get into renewables for the climate and to cut the monarchs and autocrats off from their money in the long run.

[ Parent | on HN ]
Re:German government expands subsidies for electric cars by arethuza on Tuesday November 05, 2019 @11:52AM (#21454121)
Looks like VW is actually more owned by Qatar than any part of the German state:

https://www.volkswagenag.com/en/InvestorRelations/shares/sha...

Edit: Saxony does get more voting rights than Qatar.

[ Parent | on HN ]
Re:German government expands subsidies for electric cars by germanier on Tuesday November 05, 2019 @01:02PM (#21454854)
It should be noted that all the profit from state owned shares ends up in the independent Volkswagen Foundation (promoting science), not the state budget.
[ Parent | on HN ]
Re:German government expands subsidies for electric cars by b3orn on Tuesday November 05, 2019 @12:21PM (#21454416)
You mean Lower Saxony. Saxony is a different state on the other side of Germany, that has no voting rights in VW.
[ Parent | on HN ]