what we know about social leasing at 100 euros per month

by time news

2023-09-26 07:49:44

On Arthur Hamalian

Published on 05/26/2023 at 7:17 p.m., Updated 42 minutes ago


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The President of the Republic announced this Monday that the device would be unveiled “as early as November”, but certain details are already known.

Driving electric for the sum of 100 euros per month: the Macronian campaign promise should soon become a reality. “From November», Specified the President of the Republic, at the end of the second Ecological Planning Council this Monday. The executive is banking heavily on this commitment which should make it possible to “facilitate access to clean vehicles for everyone, develop the necessary infrastructure and support the conversion of the French automobile industry», According to a recent statement from the Prime Minister.

How exactly does the government plan to do this? The idea is to set up leasing at a reduced rate to help French people with precarious status or who are highly dependent on four wheels by offering them the rental of electric vehicles, the majority of which would be produced in France. We still do not know the exact functioning of this system as well as the conditions to be met in order to benefit from it, but Le Figaro draw the outline of this project.

Who could be eligible for this scheme?

Several socio-professional criteria should be taken into account to designate the beneficiaries of social leasing. First there is household income. Indeed, “the most financially constrained households are the furthest from electric vehicles» according to a study carried out by the NGO Transport and Environment (T&E) jointly with the Institute of Sustainable Development and International Relations (IDDRI). The system could therefore possibly be scaled in proportion to tax revenue. In its report, Transport and Environment suggests priority aid to workers earning less than 13,500 euros per year. Likewise, households whose dependence on automobiles is increased, that is to say those “without alternatives for access to essential services and for professional activity» (T&E) should be favored, in the same way as essential liberal professions, such as doctors, for example. Invited this Thursday on France Info, the Minister of Transport Clément Beaune announced that “around 100,000 people» would be affected by this electric leasing.

When will orders be possible?

The device will be officially launched in the fall of 2023 and the first orders can be placed in early 2024, via an online platform. “The goal is to make it very simple», assures the minister. Households affected by the system will, according to him, have fewer costs to pay when the system is launched compared to the sometimes off-putting standards of current leasing.

What vehicles will be available, and at what price?

Renault Zoé and Twingo, Peugeot e-208 for city cars or even the Citroën Ami for those without a license, should be in the spotlight. Clément Molizon, general delegate of the national association for the development of electric mobility (Avere), adds that “Citroën will also develop a model in Spain next year”, which would allow “to move in the direction of integrating European manufacturing» and to offset competition from models produced in China such as the Dacia Spring, the only model currently available for leasing for 100 euros per month. The Minister of Transport, Clément Beaune, speaks of “a few thousand vehicles» in circulation from next year. Despite all these objectives, the observation is the following: renting an electric city car currently costs around 150 euros per month in France.

Will the project really see the light of day?

In its calculations, the NGO Transport and Environment estimates that with the reindustrialization effort as well as the purchasing aid that the State should provide, social leasing should cost “between 116 and 192 euros per month» for a segment A car (Renault Twingo type), “between 128 and 160 euros per month» for a segment B car (Peugeot 208 type), and between “238 and 275 euros per month» for a C segment car (Renault Mégane type). The 100 euro mark therefore seems to be a difficult Eldorado to reach. However, as Clément Molizon points out, the question of the price of electric cars is “a question of economies of scale, in the sense that we do not yet sell enough models to be able to bring prices down“. Ultimately, the more electric vehicles there are on lease, the more prices are likely to fall. It remains to be seen whether this system, which combines a social vocation, an environmental imperative and the ambition to reindustrialize the country, is realistic.


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