French president Emmanuel Macron already unveiled new incentives to sway buyers away from Chinese models toward French and European ones, including a new €100 per month leasing scheme for EU-made electric cars, with those details announced today. The French government also announced a big rollout of cash incentives for first-time EV buyers, as long as they bought cars made in the EU.
Germany has cut back in EV sales insetives, but not in subsidies for building up factories. Right now half of the battery factories being planned in the EU are planned in Germany, with German car makers being a massive driver of it. Volkswagen sells twice as many EVs as Stellantis and BMW is only a bit behind Stellantis. As for German car makers in China, they are all starting to wall of that site of the business from the rest of the company. So they can sell it quickly or are at least in a better position to cut it off when sanctions start.
