France reforms EV subsidy to freeze out China-made cars

A buyer will get up to $5,360 bonus for vehicle produced in low-carbon process

2023-09-19 France EV bonus.JPG

French carmakers, such as Renault, stand to gain from a new government policy to give a "green bonus" to buyers of electric vehicles made using greener fuels.    © Reuters

MAILYS PENE-LASSUS, Nikkei staff writer

PARIS -- The French government is redefining its electric vehicle subsidy criteria under a new law designed to exclude Chinese-made cars.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.