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Now’s the time to buy ‘un véhicule électrique’ as France plans to cut subsidies


They say that all good things must come to an end, and that looks like the case for French electric car buyers as the country’s government looks to cut subsidies. According to a report from Bloomberg, the French government is going to gradually phase out the EV incentives over the next few years. The incentive will drop from €7,000 ($8,160) this year, to €6,000 ($7,025) next year. It will drop another €1,000 in 2022, to €5,000. Plug-in hybrid cash handouts are being cut in half from €2,000 to €1,000 next year, too. [Read: Google Maps is getting a UI for…

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