Automakers

France increases subsidies for lower-income EV buyers

Macron at the Paris show 22
 President Emmanuel Macron is pictured in the Renault 5 Turbo car at the Paris auto show ion Monday. (REUTERS)
R
By:
Reuters
October 17, 2022 05:33 PM

PARIS -- Renault and Stellantis unveiled new French-made electric vehicles at the Paris auto show on Monday, as President Emmanuel Macron announced bigger subsidies for poorer families to buy EVs and pushed for more local production.

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