The most modest households will soon be able to drive a vehicle with a lower energy impact, subject to paying 100 euros per month. The device should arrive at the end of the year.
The electric car at 100 euros per month was one of Emmanuel Macron’s campaign promises, and we have been hearing about the project for almost a year now. The government had accelerated the pace at the end of last year by unveiling the leasing offer, but we are still waiting impatiently for the terms.
Elisabeth Borne finally confirmed at the end of last week that this system will be put in place at the end of the year, and even specified a little more the timetable that we can expect. According to her, reservations for an electric car at 100 euros per month will be possible at “ fall 2023 “.
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Who will be eligible for leasing at €100 per month for an electric car?
For the moment, it is still difficult to say who will be eligible for the system put in place by the government. The project, supported by the finance law for 2023, should allow the most modest households to be eligible, but the precise conditions are for the moment rather vague.
The electric cars made available could to be counted in the number of 100,000, and several automakers are expected to participate. Others could then align provided that the Caisse des Dépôts guarantees the first contribution. After the reservations at the end of the year, the first electric cars would then be delivered next year, in 2024.
One of the government’s objectives is that this aid does not benefit vehicles produced outside France or Europe. The Renault 5, with its estimated price of around 25,000 euros, is due to start production at the end of 2024 in the Maubeuge plant, and it is very likely that it will be one of the electric vehicles concerned by this device.
The government should therefore quickly provide more information regarding the eligibility criteria, but we imagine that they should be similar to other aid currently in place for the most modest households. We will of course keep you informed of all this.
