France to nearly double EV support to 10 billion euros per year through 2030
By Eve
France announced on 10 April 2026 that it will raise annual spending on electrification to 10 billion euros through 2030, up from 5.5 billion euros currently, according to Prime Minister Sebastien Lecornu. The plan includes expanded incentives for electric cars and charging infrastructure, a social leasing programme covering 100,000 EVs for low income drivers, and a target for two out of three new vehicles to be electric by 2030. Battery electric car sales reached 17.4% of the EU market in 2025, up from 13.6% in 2024, and rose to 18.8% in the first two months of 2026, according to the European Automobile Manufacturers' Association.
Why it matters: The near doubling of French EV support signals sustained public funding for charging infrastructure rollouts across Europe's second largest economy, creating procurement opportunities for charge point operators and equipment suppliers. Rising EV adoption rates, now approaching one in five new car sales EU wide, underpin long term demand for network expansion and grid integration projects.