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Brief
Summary:
The French government, through the Ministry of the Economy, Finance, and Industrial and Digital Sovereignty, has launched a plan to support the automotive industry's electrification and decarbonization. The plan aims to achieve a production of 2 million electric vehicles per year in France by 2030 and to reduce the country's greenhouse gas emissions. To achieve this, the government has committed to mobilizing approximately u20ac5 billion to support the development of electric vehicles and their components, as well as the transformation of the supply chain and the training of employees.
The plan includes several measures to support the industry's transformation, including:
The creation of a new accelerator program to support small and medium-sized enterprises (SMEs) in the industry
A call for projects to support research and development in the automotive sector
A call for projects to support the industrialization of components for future vehicles
A specific call for projects focused on decarbonization and environmental performance improvement
The creation of a rich offer of environmental impact diagnoses and transition support services
The development of training programs to support the retraining of employees in the industry
The plan also aims to support the economic development of affected territories and to provide assistance to employees who may need to transition to new sectors or jobs.
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