The French government is considering increasing its subsidies for electric vehicles after receiving a whopping 90,000 requests for the “social leasing” system. This program allows individuals to rent an electric car for less than 100 euros per month, making it accessible to those on modest incomes and heavy commuters. However, the government’s ability to provide these subsidies depends on the speed of production from French manufacturers, as outlined by Minister of Industry and Energy Roland Lescure.
Lescure emphasized that there is great demand for electric vehicles but not enough products are currently made in France to meet this demand. He stated that only vehicles built in France or Europe are eligible for this subsidy. The government is considering financing 50,000 cars instead of the initial 25,000, but Lescure noted that this will be done at a pace that ensures Chinese-made vehicles do not dominate the French automobile fleet.
Christophe Béchu, Minister of Ecological Transition, assured that the government is working closely with car manufacturers to increase the number of available vehicles. Lescure acknowledged that due to strong demand, the “social leasing” program may have to wait a little before production can catch up. However, French manufacturers are planning to launch several new electric models in the coming months.
The “social leasing” program is currently reserved for individuals with an income below 15,400 euros per year who drive more than 8,000 km per year or live more than 15 km from their place of work. The rental period is planned for three years and can be renewed once. The State will finance each rental up to a maximum of 13,000 euros.