According to a media report, France has released a list of electric vehicles which are eligible for federal tax incentives of up to 7,000 euros. However, the EVs made in China including the Dacia Spring & Tesla Model 3 have been excluded from the list.<\/p>\n
In addition, Emmanuel Macron, President of France, has already unveiled another incentive meant to sway buyers away from Chinese models and towards French & European cars. This includes a 100 euros leasing scheme for EU-made EVs. The government also announced big cash incentives for first-time EV buyers as long the cars are made in the EU.<\/p>\n
Coming back to the list, the “green bonus” was originally applicable to all EVs and offered flat 5000 euros cash incentives (7000 euros for low-income families). However, a third of those incentives were reportedly going to China-made EVs. The new incentive scheme now takes into account the car’s production & lifecycle, eliminating all Chinese and foreign-made cars.<\/p>\n
This means cars like the Dacia Spring, models from MG (British branded EV owned by China’s SAIC Motor), BYD Atto 3 & Dolphin will lose out on the incentives, making them a bit costlier than before. Another big name is the Tesla Model 3, which Europe imports from Tesla’s Shanghai-based gigafactory, will lose out on the incentives as well.<\/p>\n
This move is said to be part of the “buy from Europe” push by the French government. France has also committed to produce over 1 million EVs by the end of 2027.<\/p>\n