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.

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Hyundai and LG Chem hunt for electric vehicle and battery startups

Illustration: Aïda Amer/Axios

Hyundai Motor Group and battery heavyweight LG Chem are launching a global competition to find and finance battery and electric vehicle startups.

How it works: The "EV & Battery Challenge" aims to identify up to 10 startups to collaborate with and "develop proof-of-concept projects while leveraging the sponsors’ technical expertise, resources and laboratories."

Ford vows to be "carbon neutral" by 2050

Photo: Artur Widak/NurPhoto via Getty Images

Ford became the latest corporate titan to set an ambitious long-term climate goal, vowing Wednesday to "achieve carbon neutrality" by 2050.

Why it matters: It's part of a wider move by some of the world's largest corporations to create aggressive climate targets.

Small businesses face post-lockdown cash crunch

A seamstress works at a sewing machine in a tailoring shop in Palm Springs, Calif. Photo: Robert Alexander/Getty Images.

U.S. macroeconomic data is broadly improving but many small businesses are facing a perilous recovery as they attempt to stay afloat after coronavirus-driven lockdowns throughout the country. That's true even for the many that received government assistance.

By the numbers: A recent poll of 7,317 small business owners by Alignable finds that 43% of firms that received money through the Paycheck Protection Program (PPP) say they could be out of cash in a month or less.