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.
Support plan for the automobile industry
Summary
Documents
Document
Topics 
Beta
About this policy
Year
2020
Most recent update
26/05/2020
Geography
Response areas
Mitigation
Sectors
Industry, Transport
Topics
, ,  
 Topics mentioned most in this policy  Beta
See how often topics get mentioned in this policy and view specific passages of text highlighted in each document. Accuracy is not 100%. Learn more
Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Fossil fuel
Greenhouse gas
Economic sector
Targets  2
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, Target year: 2025Reach 100 000 charging stations for electric vehicles by 2021
Transport, Target year: 2021Note

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.
