France to cut EV subsidies by a third in 2025 budget
The budget allocated for clean vehicle purchases will be reduced to €1 billion in 2025, a decrease from its current funding of €1.5 billion
The French government has announced plans to reduce its financial support for the purchase of electric vehicles by a third as part of its 2025 budget proposal, alongside implementing stricter penalties for vehicles emitting high levels of CO2.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here