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Last update: November 4, 2024

France calls for coordinated European purchase premiums for EVs

Industry Minister Marc Ferracci wants to support the European car industry. (Ludovic Marin (EPA-EFE))
French Industry Minister Marc Ferracci is calling for a purchase premium for EVs that favors European manufacturers. He has also floated the idea of a European initiative for the electrification of commercial vehicle fleets.
France is calling for a European crisis plan to support the automotive industry. “We have a problem with competitiveness, with demand and with unfair Chinese trade practices,” French Industry Minister Marc Ferracci told Handelsblatt. “The future of our car industry depends on whether we find an answer to these colossal challenges.”
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