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.
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Support plan for the automobile industry
Sectors: Industry, Transport
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Automobile support plan
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- 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: E Vs And Electric Trains · Target year: 2025
- Reach 100 000 charging stations for electric vehicles by 2021Transport · Target year: 2021
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.