France will relaunch its social leasing electric vehicle (EV) program on July 16, 2026, as part of an effort to make electric cars more affordable for lower-income workers. The program is designed to help people who rely on private vehicles for work but cannot afford the high upfront cost of buying a new EV. Instead of purchasing a car, eligible drivers can lease one at a monthly cost of less than €200 ($228), making cleaner transportation more accessible.
For North American EV makers like Lucid Motors (NASDAQ: LCID), the leasing program is unlikely to be available to them since France is looking to support electric vehicle makers within the…
