The European Union is evaluating a new incentive plan to encourage the purchase of Made in the EU cars. The goal is to support the European automotive industry and contrast the growing competition of Asian producers, in particular Chinese. On March 5, the Commission will present a strategic action for the Automotive sectoran initiative anticipated by President Ursula von der Leyen and by the commissioner for sustainable transport Apostolos Tzitzikostas.
The initiative will seek to establish a system of coordinated supports between the Member States, thus avoiding disparities in the European market and favoring local car manufacturers. Among the most discussed hypotheses include social leasing, company fleets incentives and several other mechanisms to encourage the purchase of vehicles produced within the EU. The plan will also be at the center of the Italian automotive table, convened by the Minister of Companies Adolfo Urso, to align the national strategy to European measures.
Incentives for the car: the hypotheses on the pitch
The Europe Union begins to react to the car crisis and does so by thinking about a plan to encourage the purchase of local vehicles. One of the central points of the EU plan is the creation of a incentive system uniforms between Member States, so as to avoid disparity between the national markets and establish common criteria for the provision of bonus. Several European governments, including France and Italy, are pushing for measures that can relaunch the competitiveness of local car companies.
Among the main proposals there is the social leasingalready adopted in France, which includes rents at affordable prices for low -income families. Another hypothesis concerns the support for company fleets, which could receive concessions to renew the car park with low emissions vehicles.
One of the most complex nodes remains the financing of the plan, which could be decided in the “EU’s multi -year financial framework”, with a expected resolution by June.
The strategy to encourage the Made in Europe industry
The focus is therefore to encourage the purchase of cars produced in Europearriving to discuss the possibility of introducing preference clauses for vehicles produced in the area. France has already experienced a model that takes into account the emissions on the entire life cycle of the vehicle, penalizing Chinese models and promoting those made in Europe.
The EU could also introduce new criteria in public contract regulations, giving priority to cars with a minimum share of European components. The measure could enter in force only in 2026when the revision of public procurement directives is foreseen.
In the meantime, Italy looks with interest to the EU proposals, looking for a balance between the defense of national production and the need to support the ecological transition of the sector. For this reason, the plan will also be at the center of the Italian automotive table, summoned by Adolfo Urso, to align the national strategy to European measures.
