A new electricity bonus to protect European industry

2023-05-17 04:00:18

The Dacia Spring, the most affordable electric car in France, might be affected by the new conditions for granting the electric bonus. This device, which offers financial assistance for the purchase of a clean vehicle (5,000 euros, or 7,000 euros subject to means testing), is currently being reviewed by the government. Bruno Le Maire, Minister of the Economy, announced that vehicles with low environmental performance would now be excluded from this bonus. The electric bonus will be clearly redirected in favor of vehicles manufactured in Europe, which generate around 45% less CO2 than those produced in Asia. It is also a form of protectionism: We are not intended to finance the economic development of Asia with public funds. “, Hammered the tenant of Bercy during a press conference.

Electric bonus criteria

The electric bonus will now be awarded on the basis of three criteria: the CO2 emissions during the manufacture of the battery and the materials used, the CO2 emissions of the electricity mix of the country of production, as well as the recyclability of the components of the car. and the use of recycled materials. Despite this reorientation of the electric bonus, European manufacturers are facing several challenges. The most salient is that of the current absence of production of batteries for electric cars in France! The fact that some European countries, such as Poland and Serbia, have a more polluting electricity mix than China also makes things very complicated.

What future for electric vehicles produced in Asia?

The redefinition of the conditions for granting the electric bonus raises questions regarding its impact on competition and consumers. If vehicles like the Dacia Spring are excluded from the scheme, this might potentially increase the cost of electric vehicles for consumers. However, it is not only a question of favoring European industry, but also of encouraging the use of clean cars. The government plans to set up this new electric bonus system on January 1, 2024, at the latest. The precise details of the decree, as well as the vehicle assessment methodology, are eagerly awaited by the sector.

1684301852
#electricity #bonus #protect #European #industry

Leave a Replay