What Bercy is making ready to counterattack Chinese language electrical autos

Ursula von der Leyen denounced Chinese language protectionism this Wednesday. The president of the fee desires to reply to the huge public subsidies paid by Beijing to automotive producers. Within the background, there’s the battle between France and Bruno Le Maire. As a result of the Minister of the Financial system and Finance has been making ready for a number of months a brand new ecological bonus which can favor electrical autos produced in Europe.

An environmental rating

Till now, to learn from assist of as much as 7,000 euros, two circumstances prevailed: the load of the car and its worth. From January 1, the ecological bonus will solely be granted to autos which don’t exceed a sure threshold, what the chief calls “an environmental rating”.

In different phrases: the amount of carbon dioxide emitted through the manufacturing of the car may even be taken under consideration. Intimately, the carbon footprint of the supplies used – metal, aluminum – that of the battery as effectively, the vitality used within the manufacturing facility, but in addition the emissions linked to the transport of the car.

BYD, MG… and Dacia?

Finally, 20 to 30% of autos eligible for the bonus right this moment will not be eligible subsequent yr. Major victims: autos from the Chinese language manufacturers BYD or MG. However the Dacia Spring, a French automotive produced in China, also needs to pay the value for this new ecological bonus.

To strike exhausting towards Chinese language competitors, Bercy is tempted to extend the envelope dedicated to the ecological bonus subsequent yr. In line with data from Europe 1, it might exceed 1.5 billion euros in comparison with 1.1 billion euros this yr.