France wants more than 2 million electric cars on the road by 2020
By Andrew C., 30 Aug, 2010. 0 Comments
France has high hopes for the future of electric cars in the country and is aiming to have 2 million electric cars on the road by 2020. The French government will invest more than 1 billion euros, installing charging stations, adapting the electricity grid and buying vehicles, as well as providing subsidies to buyers and carmakers.
Energy minister, Jean-Louis Borloo, will soon announce its plan to ensure the required infrastructure is in place in time. According to Paris Match, the government intends to create a network of 4.4 million charging points by 2020, enough to support 2 million vehicles. Just last week, industry minister Christian Estrosi said that in the autumn, public and private players would launch tenders for 50,000 electric vehicles. French carmakers Renault SA and PSA/Peugeot-Citroen SA, which are both launching electric cars, have different forecasts for the EV market. Philippe Varin, CEO of PSA, said earlier this month that by 2020, about 1 in 20 cars sold worldwide will be electric. Meanwhile, Renault CEO Carlos Ghosn, who is also CEO of Japanese alliance partner Nissan Motor Co., has forecasted that there would be 1 in 10 electric cars by 2020.
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