Automakers

France plans to trim EV subsidies, lower limit for CO2 penalties

Renault Zoe electric vehicles leaving the automaker's factory in Flins, France, in May. The Zoe is France's best-selling electric vehicle. (Reuters)
Sa
By:
Staff and wire reports
September 28, 2020 03:37 PM

PARIS -- France will gradually cut subsidies for full-electric and plug-in hybrid vehicles, posing a risk to a segment that is growing but still remains a relatively small portion of the market.

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