what do we know about this device

It was Emmanuel Macron’s election promise to be both ecological and social. In his first campaign speech on March 17, the presidential candidate pledged to deploy “an affordable supply of electric vehicles (…) by creating leasing mechanisms to support the most modest households ». The aim of this measure is twofold: to reduce CO2 emissions from the roads while guaranteeing cleaner mobility for all. And this is in an environment where diesel engines will soon be banned in major cities, and the prices of gasoline and diesel fuel are skyrocketing.

To do this, the government is working on a system of “social leasing” that will allow the most modest French people to afford an electric car for 100 euros a month. An idea that, let me remind you, was first proposed by the Socialist candidate Anna Hidalgo. Here are the first sketches, which still need to be refined.

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  • Reserved for certain audiences

In March, Emmanuel Macron’s campaign team explained that the device would target social workers, youth and the general public, subject to availability of resources. Emmanuel Macron specified at the end of April that this assistance would be directed to ” couples who earn minimum wage or a little more “.

  • Additional shopping assistance

This device will be added to a range of purchase aids, such as the recycling bonus, which have led to an explosion in electric vehicle sales. It will aim to rent out at least 100,000 electric vehicles per year, with an estimated cost of €50 million in the first year of the system, which appears to be a very low €500 per vehicle.

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The timetable for this measure is not yet known, but it should be included in the amended Finance Law, explained on Tuesday, May 24, the new Energy Transition Minister Agnès Pannier-Runachet, in charge of the case, in France 5 “. A sufficiently reliable device would be required so that the French could immediately use it. “, she noted.

  • The principle of social leasing

This offer is based on the “leasing” model. principle? The manufacturer or rental company offers the car at an attractive monthly price and collects it to resell after three or four years, adding penalties if it exceeds the mileage or is damaged. Renault, Hyundai or China’s MG have recently launched long-term rental offers that could meet this measure.

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  • Already existing “leasing” proposals for electricity supply

Nissan is already offering its 100% electric Leaf family car for 99 euros per month for three and a half years with a maximum range of 30,000 km. Dacia shows its spring at 120 euros per month with 40,000 kilometers for 4 years and the first rent of 7,700 euros is reduced to zero if maximum state subsidies apply. With a 300-kilometer autonomy, the small electric car is already a big success, and the queues for it are getting longer. On the Stellantis side, Fiat shows its small 500 at €119/month with a €2,500 down payment, while Peugeot shows its e-208 at €149/month with a €4,000 down payment.

However, production will have to take place in factories, while the automotive industry is severely hampered by shortages. After many years of decline, the cost of batteries is also likely to follow the rise in raw material prices. The government will also have to speed up the deployment of electrical terminals. ” This is a serious obstacle for citizens who do not have a garage at their disposal. ”, emphasizes Fabien Nevy from the Cetelem Automobile Observatory. ” Modest people often had to leave major urban centers in search of housing and travel extensively by car. Autonomy, fear of running out of fuel – important problems “.

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(with AFP)