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French Manufacturers Urged to “Accelerate” to Receive Increased State Subsidies for Social Leasing

The government is considering increasing the number of electric vehicles available through a “social leasing” system after receiving an overwhelming 90,000 requests. This system allows people to get an electric car for less than 100 euros per month and is reserved for the most modest French people and heavy rollers. However, in order for this to happen, French manufacturers must increase their production pace, according to Industry and Energy Minister Roland Lescure.

Lescure stated that there is great demand for electric vehicles but not enough products made in France to meet that demand. He emphasized that only vehicles built in France or Europe are eligible for this subsidy. The government is currently considering financing up to 50,000 cars instead of the initial 25,000, but Lescure stated that this will be done at a pace ensuring that cars made in China do not dominate the French automobile fleet.

Faced with strong demand, Ecological Transition Minister Christophe Béchu assured that the government was working with car manufacturers to increase the number of available vehicles. Lescure noted that the system may have to wait a little before production catches up with the demand. French manufacturers are planning to launch several electric models in the coming months.

The “social leasing” system is currently reserved for French people with an income less than 15,400 euros who drive more than 8,000 km per year or live more than 15 km from their place of work. The rental is planned for three years renewable once and will be financed by the State up to a maximum of 13,

By Editor

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