Budget 2023: 1.3 billion for electric cars
This page is translated from the original post "Budget 2023 : 1,3 milliard pour les voitures électriques" in French.
- 27/09/2022 12:00
The government has unveiled the main axes of its 2023 budget. Energy is at the heart of concerns, with measures for electric vehicles.
The 2023 Finance Bill revolves around two main priorities: thermal renovation of buildings and an additional boost to the electrification of the vehicle fleet.
If the French are sensitive to environmental issues and wish to switch to electrified vehicles, they face a major obstacle. The purchase cost (despite current aids) and lack of charging options. To address this problem, the government will propose a new fund of 1.3 billion euros to further reduce the share of thermal engines in 2023, in favor of electric motors.
A leasing option for modest households?
It is also important to note that the ecological bonus will decrease as planned on January 1, 2023, from 6,000 to 5,000 €. The conversion premium is set at 5,000 € for next year. However, the real novelty is the upcoming implementation of a structured electric car leasing system. A scheme aimed at modest households. A dedicated fund of 50 million euros could subsidize about 100,000 electric cars per year. This aid can be combined with the ecological bonus and the conversion premium. Could this make leasing less than €100/month?
| Types of vehicles | Bonus until December 31, 2022 | Bonus starting January 1, 2023 |
| Electric car under €47,000 | €6,000 or 27% of purchase price | €5,000 or 27% of purchase price |
| Electric car between €47,000 and €60,000 | €2,000 | €1,000 |
| Hydrogen vehicle over €60,000 | €2,000 | €1,000 |
| Plug-in hybrid under €50,000 (>50 km) | €1,000 | None |
| Used electric car over 2 years old | €1,000 | €1,000 |
The Minister of Economy, Bruno Le Maire, has also mentioned contemplating the allocation of grants and bonuses only for models produced within the European territory, similar to the system implemented in the United States. “Star” models like the Dacia Spring, manufactured in China, would then be excluded from the scheme.
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