France to Include 'Carbon Emissions' in Electric Vehicle Subsidy Criteria... Government Requests Opinions by 25th

The government has decided to submit opinions on the 'France Electric Vehicle Subsidy Reform Plan,' which adds carbon emissions as a criterion for electric vehicle subsidy payments, by the 25th of this month.

According to the Ministry of Trade, Industry and Energy on the 9th, the French Ministry of Energy Transition is jointly promoting the reform of electric vehicle subsidies with the Ministry of Economy and the Ministry of Ecological Transition. The draft reform plan was released on the 28th of last month, and public consultation is being conducted until the 25th.

The main content of this reform plan is to additionally reflect the carbon emissions (carbon footprint) from the electric vehicle production process in the existing subsidy payment criteria.

So far, the Ministry of Trade, Industry and Energy has been closely monitoring the subsidy trends of the French government. At the 19th Korea-France Industrial Cooperation Committee held on June 8, Korea requested France to ensure that ▲ no discriminatory elements against foreign companies are included and ▲ the criteria are not set excessively when revising the electric vehicle subsidy payment standards.

Immediately after the draft was announced on the 28th of last month, the Ministry shared the relevant details with the domestic related industries and is currently conducting a detailed analysis of the contents and the impact on Korean companies together with the industry. Based on this, the government and industry plan to submit their opinions on the draft to the French government by the 25th.

An official from the Ministry said, "We plan to continuously and closely consult with the French government to ensure that our position is reflected as much as possible in the final electric vehicle subsidy reform plan."

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