MG Motor, a unit of Chinese automaker SAIC Motor, announced a new leasing offer whereby drivers in France can get for 99 euros ($107.6) a month the MG4 electric car, matching a program the French government would like to use to benefit cars made in Europe.
The promotion runs from July 1 through August 31 and is offered in conjunction with MG Motor's French banking partner, Credit Agricole Consumer Finance.
It is based on consumers qualifying for a "super bonus" incentive of 7,000 euros for low income buyers and also includes a 2,500 euros public aid paid in exchange for scrapping an older internal combustion engine vehicle.
MG Motor's offer comes as major automakers around the word compete in the growing EV market, which is forecast to grow rapidly as customers ditch older models to protect the environment.