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France Moves EV Subsidy Funding to Energy Savings Certificates, Raises Aid for Lower-Income Households

Funded by energy savings certificates instead of the state budget, the ecological bonus will be followed by the relaunch of social leasing in September.

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Pour être éligible, la voiture doit coûter moins que 47.000 euros TTC, et doit peser moins de 2,4 tonnes et obtenir un score environnemental supérieur au score minimal requis.
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Overview

  • Low- and middle-income households in the first eight income deciles now qualify for a €4 200 bonus, while higher-income buyers receive €3 100.
  • Vehicle eligibility rules stay the same, requiring a purchase price under €47 000, weight below 2.4 tonnes and a minimum environmental score.
  • Energy suppliers will finance the bonus by funding efficiency and consumption reduction projects in exchange for certificates.
  • The social leasing scheme for low-income buyers, paused in early 2024, is set to resume in September with three-year electric vehicle rentals at reduced rates.
  • Automakers and the French Automobile Platform welcomed the support but warned that the CEE mechanism’s complexity could complicate consumer access and push up energy costs.