France earmarks $549 million for green cars

France earmarks $549 million for green cars

10.09.08 posted by pondy 91 views no comments
French President Nicolas Sarkozy on Thursday pledged €400 million ($549 million) in state support for the development of electric and hybrid cars. He said during a visit to the Paris Auto Show that the money will be destined "exclusively for the research and development of nonpolluting vehicles" over fours years - and will come from funds already earmarked for environmental projects.
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