Friday, July 27, 2012

France enhance EV and hybrid sales to aid ailing automobile business

The French government, dealing with the imminent closure of a Peugeot vehicle plant, presented an help program for the flagging auto industry on Wednesday.
The new supplying will increase money incentives for purchasers of totally electric automobiles to 7,000 euros ($ eight,500) from 5,000 euros at present.
Subsidies on hybrid automobiles, created in France by Peugeot but also by Toyota, will double to four,000 euros.
The French government's aid package will also totally free up 150 million

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