AZL General Discussion, page-21160

By Ania Nussbaum
(Bloomberg) -- France will halt a government-subsidized
electric vehicle leasing program for the remainder of 2024 after
more people than originally targeted applied for it, Agence
France-Presse reported.
The government will provide the leases to more than 50,000
applicants, AFP said, citing President Emmanuel Macron’s office.
The program will restart next year, the French daily Les Echos
reported.
Macron said last year that low-income households would be
able to lease electric cars for €150 a month or less with no
down payment. At the time, the government had said that only
25,000 vehicles would be made available for the so-called
“social leasing” plan, which allows for state funding of as much
as 13,000 euros per car.
France Rejigs Rules for EV Aid, Leaving Out Most China-Made
Cars
A spokesman for Macron’s office didn’t immediately return a
request for comment.


To contact the reporter on this story:
Ania Nussbaum in Paris at [email protected]
To contact the editors responsible for this story:
Richard Bravo at [email protected]