Recharge Wrap-up: Ubco 2X2 farm e-bike; Tesla's new German boss
Energy Secretary Discusses Fate Of Renewable Energy Subsidies
US Energy Secretary Ernest Moniz says that renewable energy is becoming competitive enough that subsidies could end. In a call, Moniz told reporters that while he supports the extension of tax credits, solar energy could continue to grow "without subsidy." Wind power is also seeing price drops, which Moniz credits to federal incentives. The increasing cost-competitiveness of renewable energy compared to natural gas and other fuels gives Republicans in Congress all the more reason to let subsidies end. Read more at Green Car Reports, and at the Washington Examiner.
Tesla has named a new head of operations in Germany and Austria. Jochen Rudat, the automaker's current Switzerland chief, will take over for Philipp Schroeder amid lagging sales in the German market. Schroeder, who joined Tesla in February 2014, will return to his position as head of sales and marketing for German solar energy storage company Sonnenbatterie. Tesla aims to sell 1,000 cars per month in Germany, despite the country's lack of electric vehicle subsidies. Read more from Automotive News Europe.
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