France wants to go green

The car industry in France is in trouble. Thousands of jobs may be lost. So France under new president Francois Hollande is planning to revitalize the industry by making their country a center for production of environmentally friendly cars.

There will be incentives for consumers to buy electric or hybrid cars and money for companies who invest in the technology. More money will be available to smaller companies who want to upgrade and modernize their factories.

They also want to create an institute for automobile research.

It’s all a part of the plan to re-industrialize the country.

Jan

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