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France put 1.5 Billion into EVs

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vfx

Well-Known Member
Aug 18, 2006
14,790
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CA CA
France put 1.5 Billion into EVs


The aim is to "make the French energy and car industry a world leader,"

Of the total 1.5 billion euros (2.2 billion dollars) earmarked, 900 million euros could come from a state loan due to be launched next year, said Borloo.

Under the plan, a million battery-charging points will be built by 2015, 90 percent of them in private homes but also in car parks and at roadside sites.

The state will help build up the battery production sector by contributing 125 million euros from its strategic investment fund to the overall cost of 625 million euros for a Renault battery plant at Flins, near Paris.
The state will also give Renault a loan of up to 150 million euros to build an electric car factory, also in Flins.

I refuse to call it a "battle".
 
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