French president Emmanuel Macron already unveiled new incentives to sway buyers away from Chinese models toward French and European ones, including a new €100 per month leasing scheme for EU-made electric cars, with those details announced today. The French government also announced a big rollout of cash incentives for first-time EV buyers, as long as they bought cars made in the EU.
Its interesting to watch how the different approaches Turn Out. Germany just now massivly cut back in EV incentives. Its huge Car corporations are already struggling in the EV Market and especially in China.
With french Companies offering a Car in the 20k€ range, German manufacturers fall even further behind.
Meanwhile Germany still bets in selling traditional Cars in the shrinking Chinese Market…
Yes but tank-size luxury EVs, so hot right now!
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With a battery rental in the order of 80 € per month on top. It’s easy to offer a cheap car if the most expensive component isn’t sold along with it.
True, but that don’t seems to be a bad idea after all: it make the car less expensive when you buy it so maybe more people could afford one and currently for that montly price you will not even do one full tank of fuel here.
It is a good idea. I just don’t like being forced to rent it. I want to buy a car so that it is mine, but the French don’t offer that.
A possibility is that this way the manufacturer is sure to get the batter yback at any time, which means that probably once it the battery is under a certain max charge capacity. As far as I remember, Renault is/was doing something like this with the Zoe batteries: once they are no more good to be used for a car, they were refitted for home usage with solar panels.
But I get your point.
Germany has cut back in EV sales insetives, but not in subsidies for building up factories. Right now half of the battery factories being planned in the EU are planned in Germany, with German car makers being a massive driver of it. Volkswagen sells twice as many EVs as Stellantis and BMW is only a bit behind Stellantis. As for German car makers in China, they are all starting to wall of that site of the business from the rest of the company. So they can sell it quickly or are at least in a better position to cut it off when sanctions start.