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An electric car BMW I3 is charged at a charging station. Photo: Sven Hoppe/picture alliance via Getty Images

"Germany is doubling incentives offered to buyers of battery-powered cars as part of a 130 billion-euros ($146 billion) economic recovery package for the period through the end of next year — but the government refused pleas for the program to include internal-combustion cars," Automotive News reports.

Why it matters: It fills in some of the blanks in the wider — and very open — question of how much governments will seek to use stimulus packages to bolster low-carbon technology as they support domestic industries.

By the numbers: Per its story and others, buying EVs with a price of up to roughly $45,000 will be eligible for government and manufacturer incentives totaling about $10,000.

The intrigue: Via Reuters, the price structure means that "premium carmakers like BMW, Mercedes, and even Tesla are not eligible for the full amount," while it will benefit makers of less expensive models like the VW ID3 and the Kia e-Niro.

Go deeper

Jul 26, 2020 - Economy & Business

Elon Musk's car-making agony is over

Illustration: Sarah Grillo/Axios

Two years ago, Elon Musk was lamenting that Tesla was mired in "production hell." Now, he's singing a different tune.

"I just want to be clear, at Tesla, we love manufacturing. It's awesome, and I really think more smart people should be working on manufacturing."

"Atmospheric river" swings Northern California from drought to flood

The bomb cyclone and atmospheric river seen via satellite on Sunday. The center of the storm is at the middle of the comma shape, due west of Washington State. (CIRA/RAMMB)

A series of powerful "atmospheric river" storms are delivering historic amounts of rainfall across parts of drought-stricken California and the Pacific Northwest from this weekend, forecasters warn.

Why it matters: A strong atmospheric river, packing large amounts of moisture, is predicted to whiplash Northern California from drought to flood.

Mike Allen, author of AM
3 hours ago - Politics & Policy

Fauci fires back at Rand Paul for slam on tonight's "Axios on HBO"

Responding to charges by Sen. Rand Paul on Sunday's "Axios on HBO," NIAID director Anthony Fauci told "ABC This Week" that it's "molecularly impossible" for U.S.-funded bat virus research in China to have produced COVID-19.

Why it matters: The issue 0f Wuhan research was reignited on the right last week with a National Institutes of Health letter to Congress disclosing more about the research.