The French government announced that the funds planned to help the recovery of the French car sector exceed eight billion euros.
During a visit to a Valeo factory in France, French President Emmanuel Macron said that he wants to make France the leading producer of non-polluting vehicles in Europe and that he intends to build one million 100% electric and hybrid units (chargeable and non-chargeable). charges) per year for the next five years.
Another of the news announced by the president of the French republic is the increase in the incentive given to companies to purchase electric vehicles for their fleets (now standing at five thousand euros).
The “plan for the future of the automotive industry, for the 21st century”, as Macron said, also includes an incentive of two thousand euros for the purchase of plug-in gasoline hybrid vehicles.
The bonus attributed to individuals who purchase electric vehicles rises from six to seven thousand euros. The increase of one thousand euros in the French government's “green incentives” is part of a budget of one billion euros that the executive has set aside to encourage demand during the post-confinement resulting from the new Coronavirus pandemic (COVID-19).
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And because Macron believes that electric vehicles will be a “key piece” in the automotive sector in the post-pandemic crisis, part of this budget is aimed at incentives for the scrapping of used vehicles and the consequent exchange for more modern and “clean” vehicles. This plan may cover up to 200 thousand vehicles and will start as of June 1st.
ACAP – Automobile Association of Portugal, recently proposed to the Portuguese Government a set of measures to support the Automobile Sector that includes a plan to encourage the scrapping of end-of-life vehicles that aims to support the removal of vehicles over 12 years old. and encourage the purchase of a new low-emission vehicle.
Carlos Tavares, chairman of the PSA group's Board of Directors, has already reacted to Macron's statements: "the plan presented by the French president fits perfectly into the movement initiated by the PSA group and its daily fight against global warming."
The head of the French automobile group welcomes the purchase incentive schemes and says that they can promote the energy transition, increase the market share of electrified vehicles and speed up the renewal of the car fleet.
Production "at home"
“No model currently produced in France should be manufactured in other countries”, said the French president, thus safeguarding the future of the French automobile sector as far as production lines are concerned.
Macron added that the financing of five billion euros to Renault will not go ahead until the management of that French group and the unions conclude the negotiations.
The PSA group, in turn, will invest more than 400 million euros in the production of electrified transmissions in its French factories.
The car manufacturer also plans to invest in the assembly platform at its plant in Sochaux, to start producing the future generation of the Peugeot 3008 as of 2022.
The PSA group concludes that, thanks to the support of the French authorities, it will start the new stage of the partnership with the Total Group (an investment of around two billion euros) to relocate battery production from China to France.
Consult Fleet Magazine for more articles on the automotive market.
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