Back to square one
France is increasing its EV subsidy to €7,000, President Emmanuel Macron announced during the Paris Motor Show. That purchase subsidy already applied in 2020, but after a few reductions it is back for some of the French.
Compared to many other Western European countries (including the Netherlands), the French have little to complain about when it comes to the purchase subsidy for electric cars. However, the EV subsidy will be increased again to €7,000 per car. President Macron announced this in Paris, before the assembled press at the Motor Show there. It applies to electric cars with a list price of up to €47,000, reports Le Figaro.
There was already an EV subsidy of €7,000 in France in 2020, but it was gradually reduced to €6,000 and earlier this year to €5,000. Now the Macron government is reversing that. According to Macron, there is a great need to make electric cars accessible to everyone. He also states that the subsidy is available for ‘half of the households with modest incomes’. So it doesn’t seem like a subsidy increase that everyone in France can benefit from.
Earlier this year, the French government decided to require people who use the subsidy to keep the purchased EV for at least a year. Users must also drive at least 6,000 km. This should prevent the subsidized electric cars from being sold too quickly elsewhere (read: outside France) at a profit.
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– Thanks for information from Autoweek.nl