PARIS – Renault and PSA Peugeot Citroen applaud the new French government’s plan to boost consumer incentives for electric vehicles and hybrids with low emissions. Minister of Productive Recovery Arnaud Montebourg says that through the end of the year, the maximum bonus for buying a pure EV is increased from €5,000 to €7,000 ($6,100-$8,500) and the bonus for hybrids doubles to €4,000 ($4,900). The bonuses will be funded in part by higher penalties for ...

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