France adopts plan to strengthen bicycle industry
In May 2023 the French government presented a plan to develop the bicycle industry in France. With a €2 billion budget, the plan will run from 2023 to 2027 and has several goals. This year already €250 million has been released. The French government wants to strengthen the place of cycling in the economy.
“We announced the upcoming launch of a call for projects to strengthen the French bicycle industry and bring back the industry in our territories,” explains Roland Lescure, Minister Delegate to the Minister of the Economy, Finance and Industrial and Digital Sovereignty, responsible for industry. Following a meeting hosted by the Ministry of Industry, the bicycle industry is now actively pursuing its work to define with its stakeholders, a structure, governance, and projects that will carry out the industry’s commitments. A contract will be signed with the government this year.
Develop industrial competitiveness
One of the objectives is to strengthen the place of the bicycle in the French economy. The government wants to support innovation and structure a complete economic sector around the bicycle, from assembly to recycling. To this end, a call for projects will be launched as part of ‘France 2030’. This is a €54 billion program deployed over five years that aims to develop industrial competitiveness and technologies in France. In the bike industry, the goal is to assemble 1.4 million bikes in France by 2027 and 2 million units by 2030. In 2022, 854,000 bicycles were assembled in French factories.