The French cannot compete with Tesla and MG

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Tesla voiture électrique

With the new modification of the eco-bonus, French car manufacturers are being overshadowed by their competitors Tesla and MG.

The French government is set to introduce a new condition for granting the eco-bonus starting in 2024, which will evaluate the environmental impact of car production. This measure aims to promote European and French production.

Some criticize this measure, arguing that it favors protectionism and aims to penalize Chinese brands, which are starting to disrupt the European market with affordable and high-performing electric cars.

Chinese brands such as MG and BYD are gaining popularity in Europe, especially with models like the MG4, which is cheaper than competing French electric cars.

Tesla, as an American brand, also faces criticism for benefiting from the eco-bonus in France, raising concerns among French manufacturers who believe it favors a foreign company, particularly given Tesla’s target affluent customer base.

Carlos Tavares, CEO of Stellantis, does not see Tesla as a direct threat, stating that Stellantis vehicle prices are lower than Tesla’s. However, he expresses concerns about the Chinese invasion of the French market and calls for support from the French government for French brands.

Some suggest that instead of complicating the eco-bonus rules, it would be simpler to align the prices and features of French electric vehicles with those of competitors, including reducing prices and improving the characteristics of existing models.

This excerpt highlights the debates and tensions surrounding eco-bonus policies in France, particularly regarding equity between domestic and foreign brands, as well as issues related to electric vehicle production and pricing.

To remember : 

French car manufacturers are struggling to compete against Tesla and MG due to the new modification of the eco-bonus
Some criticize this measure, claiming it favors protectionism and penalizes Chinese brands like MG and BYD, which are disrupting the European market with affordable and high-performing electric cars
Chinese brands, particularly MG and BYD, are gaining popularity in Europe with models such as the MG4, which is cheaper than competing French electric cars
Tesla, as an American brand, also faces criticism for benefiting from the eco-bonus in France, raising concerns among French manufacturers who believe it favors a foreign company, especially considering Tesla's affluent target customer base
Some suggest that instead of complicating eco-bonus rules, it would be simpler to align prices and features of French electric vehicles with competitors, including reducing prices and improving existing models

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