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Tuesday, 30 August 2022

The Morning After: France's plans for an EV lease program

France’s Budget Minister Gabriel Attal announced plans for a lease program to open up EV use. “We know that for many French, [EVs] remain very expensive,” he said, adding the government was working to figure out how quickly it could implement the measure. 

TMA
Reuters

At the moment, under a subsidy scheme similar to the one introduced by the US Inflation Reduction Act, French car buyers can receive as much as €6,000 off electric vehicles less than €47,000. Under this new electric vehicle subsidy program, people could lease an EV for €100 ($100) per month.

– Mat Smith

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