DaWo Law Firm participates in research on the development of electric mobility
On June 2nd, De Gaulle Fleurance & Associés Law Firm, in partnership with Avere-France (French association representing electric mobility players) and in collaboration with six foreign law firms (AIMaghtawi & Partners, DaWo Law Firm Shanghai, Hansu Law Firm, Khaitan & Co, Noerr and WKB Lawyers) provided a magazine "L'observatoire" on electric mobility in Germany, Saudi Arabia, China, France, India, Poland, Turkey and in the European Union.
"China is in a position to become a world leader in electric mobility thanks to proactive regulations and sustained government investment", explains DaWo colleague Carmen Bakas. As early as 2009, China begun promoting electric mobility by creating subsidies for electric mobility purchases in 25 pilot cities, paired with a policy restricting the purchase of gasoline vehicles.
DaWo's Managing Director Philippe Snel, who was present at the press conference organized by De Gaulle Fleurance & Associés, confirm this. "At the time, the goal was to reach a total production and sales capacity over 5 million units by 2020. And the results were met: in late 2021, the number of electric vehicles in the country reached 6.4 millions."
Although China has ended their generous incentive policy for car manufacturers, which became too costly, it now imposes an annual 10% electric vehicle sale quota on manufacturers and has shifted its financial assistance towards consumers (free license plates, tax returns, etc.)
Read the magazine and the press release here: https://www.degaullefleurance.com/en/mobilite-electrique-de-gaulle-fleurance-associes-et-lavere-france-devoilent-les-resultats-de-leur-observatoire-2022-des-transitions-energetiques/