France's car industry will aim to ramp up electric car sales fourfold by 2027 under a strategy agreement to be signed with the government on Monday, just as the president of China embarks on a state visit in the country.
Item 1 of 2 Stocks of new cars are parked in a lot, at Walon France automobile transport company in Hordain, northern France, May 26, 2020. REUTERS/Pascal Rossignol/File PhotoStocks of new cars are parked in a lot, at Walon France automobile transport company in Hordain, northern France, May 26, 2020. REUTERS/Pascal Rossignol/File Photo
French President Emmanuel Macron has set a goal for the nation's carmakers to produce two million electric or hybrid vehicles by the end of the decade, even as they face tough competition from top producer China. Additionally, carmakers will aim to increase sales of electric light utility vehicles to 100,000 annually over the same period, from only 16,500 in 2022.
REPI:TECHNOLOGY RATI:ADAS-AV-SAFETY RATI:ELECTRIC-BATTERY RATI:SUSTAINABLE-EV-SUPPLY-CHAIN RATI:EV-STRATEGY RATI:PRODUCTS RATI:CHINA-STRATEGY MTPIX AUT AUTO AUTOMV BACT BIZ CARM CARM1 CARREG CMPNY CPROD CYCS CYCS08 ECI ECO EHVEH ELEAV GEN MCE PUBL PXP SCI WEU EASIA EUROP BLUX EZC EMEA ASXPAC EMRG NL CN ASIA FR FIN TOPNWS POL TOPCMB
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