can we establish a “European preference” for purchase aids?

by time news
Emmanuel Macron and Carlos Tavares, boss of Stellantis, Monday at the Auto Show in Paris. GONZALO SOURCES / POOL / AFP

THE CHEKING PROCESS – The head of state and the boss of Stellantis have both called for the purchase aid to be reserved for “made in Europe” vehicles.

Do we need aeuropean preferenceto protect the electric automobile industry on the Old Continent? Unthinkable a few years ago in the kingdom of free trade, this track is no longer a taboo, neither at the top of the state nor among manufacturers. This Monday, Carlos Tavares, the boss of Stellantis, regretted that the Mondial de l’auto “rolls out the red carpet in front of Chinese manufacturers, who will come with attractive offers but opposed to the dynamics of reindustrialization in Europe“. BYD, Great Wall Motors, DongFeng and Geely came in force to exhibit their electric vehicles at attractive prices, Porte de Versailles.

«There has to be reciprocity between what we have to endure in Europe and what is imposed on us outside Europe, insisted the leader on RTL. Whether you’re looking at China or North America, you have protections in place to only favor vehicles manufactured in those territories.“. An observation that also…

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