France has suspended its EV "social leasing" program. It was too successful.
In France, EVs don't seem to have quite the same "rich people's car" image they have in the US. The French government was nevertheless keen to put more low income folks in EVs. So in late autumn they announced a subsidized EV leasing program for low income French. Payments were supposed to be 100 to 150 euros per month, but the automakers managed to work the subsidies to get the payments as low as 40 euros per month. Lessees had to be working, have a household income below the French median, and drive at least 8000km/year for work OR live at least 15km from their workplaces. Just 6 weeks into 2024, they've suspended the program. They'd planned for 20,000 to 25,000 lessees. They quickly shot past that, found extra funding for up to 50,000 leases, and now they've surpassed THAT number. More: https://www.electrive.com/2024/02/13/france-suspends-ev-leasing-programme- for-low-income-earners/ or https://v.gd/vo0M2o or https://cntp.me/ilibriU David Roden, EVDL moderator & general lackey To reach me, don't reply to this message; I won't get it. Use my offlist address here : http://evdl.org/help/index.html#supt = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = Nowadays it's not important if a story's real. The only thing that really matters is whether people click on it. -- Neetzan Zimmerman of Gawker = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = _______________________________________________ Address messages to ev@lists.evdl.org No other addresses in TO and CC fields HELP: http://www.evdl.org/help/