France Revamps EV Incentives, Excludes Chinese-Made Cars and Boosts Lease Scheme

1 min read
Source: Electrek.co
France Revamps EV Incentives, Excludes Chinese-Made Cars and Boosts Lease Scheme
Photo: Electrek.co
TL;DR Summary

France has released a list of electric vehicles eligible for federal tax incentives, excluding EVs made in China such as Tesla's Model 3 and the Dacia Spring. President Emmanuel Macron has introduced new incentives to promote French and European-made EVs, including a leasing scheme and cash incentives for first-time buyers. The decision to exclude Chinese-made EVs is aimed at reducing CO2 emissions in the manufacturing process. The move is part of France's goal to produce over 1 million EVs by 2027.

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