Hyperdrive

Macron Pledges Electric-Car Leasing to Wean Drivers Off Gasoline

  • French leader’s campaign promises include low-income EV plan
  • Measure could help automakers by making cars more affordable

Emmanuel Macron pledged to develop a state-sponsored EV leasing program for low-income households.

Photographer: Benjamin Girette/Bloomberg
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Electric-car manufacturers could get a boost in France from a campaign promise by Emmanuel Macron to make driving EVs more affordable.

The French president pledged to develop a state-sponsored EV leasing program for low-income households if he wins re-election next month. The proposal was part of a 4-hour-long pitch to voters unveiled at a press conference on Thursday outside Paris.