ETAPLES, France: President Emmanuel Macron on Tuesday announced an eight billion euro plan to revive France's auto industry by making it the European leader in electric cars, boosting a sector brought to its knees by the coronavirus.
Starting on Jun 1, there would also be an aid of 3,000 euros for converting from a petrol-fuelled car to a less-polluting one - and as much as 5,000 euros to upgrade to an electric vehicle, the president said.Advertisement"In total, the state will provide a bit more than 8 billion euros in aid to the sector," said Macron.
"This sets out a new ambition for the auto industry in France and responds to the gravity of the situation", he told France Info radio.
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