Home World France. Electric car purchase subsidies reach € 12,000

bannerebay

France. Electric car purchase subsidies reach € 12,000

by ace
France. Electric car purchase subsidies reach € 12,000

The focus on more environmentally friendly vehicles, with an emphasis on trams, is more than evident in the French Government's strategy to help restore the local automotive industry. With the need to encourage sales, the State is ready to “throw money” at the problem and has raised around 1300 million euros to achieve its objectives. In some cases, the reduction in the final price is around 40%.

Anyone wishing to purchase an electric model, powered by a battery or fuel cell, can receive a total incentive of € 12,000, with a direct incentive component and another referring to the scrapping of an old car, which puts France in the leadership of the countries with the aid more generous for vehicles that do not emit CO2. Therefore, a Renault Zoe or a Peugeot e-208, whose price is around € 30,000, requires only an investment of € 18,000, a value that puts them almost on an equal footing with gasoline or diesel competitors.

According to Automotive News, owners who agree to take down their old and polluting models can receive an aid of € 5,000, if they want to exchange it for a more modern and less polluting vehicle, with the value rising to € 7000 if the new vehicle is electric, which includes the € 12,000 already mentioned. The remaining € 5000 relates to specific support for electric models.

bannerebay

Related Articles

Leave a Comment

15 + 20 =

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More