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Chinese cars: should we expect big promotions at the end of the year? Auto Plus news in your smartphone Auto Plus news in your inbox

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Chinese cars: should we expect big promotions at the end of the year?  Auto Plus news in your smartphone Auto Plus news in your inbox

Absolutely new environmental bonus will take effect from January 1, 2024. With it a new system to to determine vehicles that will has a right for state aid.

This system is based on ecological ball distributed by the Environmental Transition Agency ADEME.

4 scoring criteria

For the vehicle in favor helpHe must have minimum score This is how ADEME will set up 4 criteria which will help with grading. Therefore, we find:

  • Battery : type and technology used
  • Collection : the impact of the factory on the environment
  • Production : materials used in the construction of the car
  • Transport : a method of transporting a car

For Chinese manufacturers, the last criterion harms the rating. This is why models from China will not receive related assistance to the environmental bonus.

The only solution to receive sufficient assessment will be with build factories directly in Europe and thus avoid to cross half of the globe.

Cleaver which sounds like an answer to generous Chinese subsidies on his own Car manufacturers.

Promotions from October 10?

Counteract economically this new environmental bonus and in this way you will have to sell off the fleet sell quickly.

That is why it is very likely to see big stocks by the end of 2023 year on the side Chinese manufacturers. Some rumors even mention a date from October 10.

Marks should to adapt for an additional cost that lies between 5000 and 7000 euros for the client and thus follow costs cars that are entitled to an environmental bonus.

Chinese manufacturers have it sufficient stock perform this action while waiting for produce on site.

Balance of power which is just beginning between authorities in Europe and Chinese manufacturers.

Read also:

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Author: Quentin Dubois
Source: Auto Plus

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