France takes the lead in announcing the cancellation of subsidies for Chinese electric vehicles

Recently, French President Macron announced that he will only provide car purchase subsidies for pure electric vehicles made in Europe.

Previously, the purchase of electric vehicles in France could receive a subsidy of up to 5,000 euros (about 38,000 yuan). Due to the low price and excellent performance of electric vehicles produced by Chinese companies, in the first quarter of this year, 40% of the subsidies for electric vehicles in France went to China. car brand.

The French government believes that this situation is not conducive to the development of the electric vehicle industry in Europe, so it has decided to adjust the subsidy policy to strengthen the production capacity of batteries and electric vehicles in Europe.

This policy is not only aimed at Chinese manufacturers, but will also affect brands such as Tesla in the United States.