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French EV subsidy change challenges China-made market

December 14, 2023 2:34 PM EST

France, on Thursday, released a list of cars indicating which vehicles qualify for the countrys newly updated regulations. The new updates cover consumer incentives for buying electric cars, prioritizing vehicles manufactured in France and Europe over those produced in China.

Approximately 65% of electric cars sold in France will meet the requirements outlined in the scheme. Starting Friday, the updated criteria will also consider the quantity of carbon emissions during the manufacturing process of an electric vehicle.

Among the qualifying models listed, 24 are manufactured by the Franco-Italian group Stellantis (NYSE:... More