France

Support plan for the automobile industry

Executive
Plan
Passed in 2020
This plan aims at supporting the automobile industry from the economic effects induced by the COVID-19 crisis. Its goals are to renew the French car fleet in favor of clean vehicles, invest and innovate to produce the "vehicles of tomorrow", and support companies in difficulty and protect employees. 

This plan is officially estimated at 8 billion euros in aid, investments and loans. 

Documents
  • The sector is particularly committed to amplifying its strategy geared towards environmental transition and developing its range of vehicles in line with the objectives set by European regulations in terms of reducing CO2 emissions. By 2025, the production of electric, plug-in hybrid or hybrid vehicles will increase to 1 million vehicles.
    Transportation | Fixed level target | Target year: 2025 | Base year: 2020
from the Grantham Research Institute
from the Grantham Research Institute
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