It starts again. After more than two months of an automobile market forced to shutdown by confinement due to the health crisis of the new coronavirus, the sector will be able to start again. Thanks to the deconfinement, but especially to the vast aid plan of 8 billion euros announced by the government a few days ago.
Thus, the new aid granted for the purchase of cleaner vehicles as part of the support plan for the automotive sector will come into force on Monday, according to a decree published Sunday in the Official Journal. Among these bonuses and bonuses, some are only temporary and must stop on December 31, 2020.
Firstly, there is the increase in the ecological bonus for the purchase of a new electric vehicle, which goes from 6,000 to 7,000 euros for an individual and from 3,000 to 5,000 euros for a legal person (business, community).
A whole series of measures
The decree also confirms the creation of an ecological bonus of 2,000 euros for the purchase of a rechargeable hybrid vehicle (petrol-electric), the increase in the conversion premium up to 3,000 euros for a thermal vehicle and up to '' 5000 euros for an electric or hybrid rechargeable vehicle. In addition, the ceiling of tax income allowing to benefit from higher premiums is raised to 18,000 euros.
The scrapping premium allocated for the replacement of one vehicle by another that is less polluting is extended to vehicles classified Crit'Air 3, i.e. petrol vehicles registered before 2006 but also diesels before 2011.
VIDEO. Relaunch of the automobile: up to € 12,000 in assistance with the purchase of a clean vehicle
Another series of measures comes into force on June 1, with no scheduled shutdown on December 31: it concerns the doubling by the State of the improvement of the conversion premium for people living or working in low-emission areas. , within the limit of 1000 euros, as well as the payment by the State of the same aid as that allocated by the communities for the purchase of an electrically assisted bicycle, up to 200 euros.
An 8 billion euro plan
The State also introduces a bonus for the transformation of a vehicle with thermal motorization into electric motorization with battery or fuel cell. All of the support measures decided by the government to support demand and help car manufacturers to dispose of the gigantic stocks accumulated during confinement represent an effort of 1 billion euros.
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The support plan for the automotive sector, announced Tuesday by the President of the Republic, amounts to more than 8 billion euros, including also guaranteed loans and partial unemployment measures introduced at the beginning of the crisis.