CleanTechnica•about 2 months ago
EVs At 31.1% Share In France — Social Leasing Boost
Key Takeaway
The accelerating, policy-driven growth of EV adoption in France provides a clear signal for developers and large power consumers to anticipate and strategically plan for significant future electricity demand increases and associated grid infrastructure requirements.
AI Summary
- •French EV market share reached 31.1% in October, a significant increase from 23.5% year-on-year, with Battery Electric Vehicle (BEV) volume growing 63% YoY.
- •The 'Social Leasing Boost' policy is identified as a key driver for this accelerated EV adoption, demonstrating the direct impact of government incentives on electricity demand growth.
- •This rapid and policy-supported EV expansion signals a substantial and accelerating increase in future electricity demand, necessitating proactive planning for grid infrastructure, generation capacity, and load management strategies by developers and large power consumers.
Topics
capacity-marketemissionsfinancingpolicysolarstoragetransmissionwind
Article Content
October’s auto market saw plugin EVs at 31.1% share in France, up from 23.5% year on year. BEVs grew YoY volume by 63% and gained an additional 9% share of the market. Overall auto volume was 139,514 units, up some 3% YoY. The Renault 5 was France’s best-selling BEV in ... [continued] The post EVs At 31.1% Share In France — Social Leasing Boost appeared first on CleanTechnica .