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AutoGear

Electric vehicles manufactured in China lose tax incentives in France.

Virgilio Machado by Virgilio Machado
January 31, 2024
in Latest News
Reading Time: 1 min read
0
Elétricos fabricados na China perdem incentivos fiscais em França

The 100% electric vehicles from Tesla, Dacia, and MG, manufactured in China, will lose the French tax incentives, as the new conditions for these supports now include carbon emissions from production, favoring models produced in Europe over vehicles produced in China.

According to “Automotive News Europe,” the new rules penalize vehicles produced in China, where most of the energy comes from fossil fuels, mainly coal, and are thus penalized by the new regulations.

One of the models that will lose the incentives is the Dacia Spring, which is built in China and is the cheapest 100% electric model in Europe, with a price around €20,000 before incentives. In addition to the Dacia Spring, the Tesla Model 3 and the compact MG4 will also no longer be eligible for the French state incentives.

These new incentives regulations for 100% electric vehicles in France come at a time when European car manufacturers are preparing to launch cheaper electric vehicles built in Europe, such as the new Citroen e-C3, the Renault 5, and the Fiat Panda, models that will hit the market in 2024.

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