We know a little more about the future electric car rental system. According to Les Echos, the amount of the subsidy provided by the State for each rental should amount to 13,000 euros, an amount that includes the current ecological bonus of 7,000 euros for low-income households. The other novelty refers to the date, since the decrees are imminent and should lead to the entry into force of the measure starting in November. Let us remember that the principle is simple and refers to long-term rental with an option to buy for low-income households. Furthermore, these famous “100 euros per month” should be revised slightly upwards since they do not include the cost of insurance.
The Government’s objective is to reach a figure of between 10,000 and 20,000 contracts signed by 2024, which could last up to five years. The vehicles will be supplied by networks such as Arval or Sofinco of the Crédit Agricole group. Cars made in Europe or France at reasonable prices will be the target, unlike those made in China. Currently, two vehicles would meet these criteria: the Citroën C3 and the future electric Renault 5. On the other hand, the Dacia Spring will not be eligible since it was built in Shanghai.
A geographic criterion and a heavy user objective?
The monthly aid of 100 euros will not be intended for everyone and will be directed at low-income households with, without a doubt, the traditional threshold of 14,089 euros of reference tax income per unit. The Minister of Ecological Transition and Territorial Cohesion, Christophe Béchu, plans to add a geographical criterion, reserving this device for low-emission zones (ZFE) or urban areas that have pollution thresholds that are currently too high. His colleague at the Ministry of Energy Transition, Agnès Pannier-Runacher, is also considering targeting the high rollers, such as liberal nurses.
Although it will not be enough to take off the electric car market in France, this system echoes a recent study by the Institute of Climate Economics I4CE. The French think tank estimates that a large part of the population does not have the means to face the green transition, whether by buying an electric car or investing in the thermal renovation of a home. Without public support for this part of the population, there is therefore a significant risk of rejection of all green policies, from EPZs to the end of the sale of cars with internal combustion engines in 2035, including the renovation of buildings and the end of vehicle rental G. Classified accommodation from 2025.
Source: BFM TV
