Thursday, October 01, 2009

France aims for two million electric cars by 2020

France plans to invest 1.5 billion euros (2.2 billion dollars) on infrastructure for the two million electric and hybrid cars it wants on its roads by 2020, the ecology minister said Thursday.

Physorg reports:
A million battery-charging points will be built by 2015, 90 percent of them in private homes but also in car parks and at roadside sites, according to a national plan presented by Jean-Louis Borloo. "No player can take the risk alone, but if all the actors take it at the same time, that works," the minister told reporters as he outlined his government's strategy on helping reduce C02 emissions via cleaner cars. The state and major companies will order 100,000 electric vehicles by 2015. Nine hundred million euros of the investment money -- to be used mostly for infrastructure but also for buying cars and on subsidies to buyers and makers of vehicles -- could come from a state loan due to be launched next year. READ MORE