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France Relaunches Social EV Leasing, Capped at 50,000 and Funded by Energy‑Savings Certificates

Funding now comes from energy‑savings certificates with stricter eligibility to prevent a repeat of 2024's budget overrun.

Overview

  • Starting September 30, the scheme opens 50,000 long‑term leases for new electric cars with a dedicated envelope of about €370 million financed via CEE.
  • Monthly payments are capped at €200 before options and insurance, each lender must offer at least one deal below €140, and contracts run a minimum of three years with no upfront deposit.
  • Aid per vehicle cannot exceed €7,000 and it cannot be combined with the ecological bonus, reflecting tighter cost controls versus the 2024 edition.
  • Eligibility targets modest‑income workers (RFR per part ≤ €16,300) who either commute more than 15 km by car or drive over 8,000 km a year for work; past 2024 beneficiaries are excluded and overseas territories are included.
  • Administrative guardrails include a 5,000‑vehicle quota for ZFE residents or workers, chronological processing of applications, and mandatory dealer order reporting, with automakers expecting the cap to be reached quickly and no guarantee of annual renewal.