President Emmanuel Macron said last week that an existing 5,000-euro (USD 5,504) subsidy available to electric car buyers and financed by French taxpayers should not benefit vehicles made outside Europe. Presenting a new green industry bill on Tuesday, Finance Minister Bruno Le Maire said that of the 1.2 billion euro (USD 1.65 billion) annual cost of the cash incentive 40% ended up going to car makers in Asia.