President Emmanuel Macron will receive representatives of the automotive industry at the Elysee Palace on Monday, promising "enhanced support" while the sector considers that its ecological transition, and in particular to switch to the electric motor, requires 17 billion euros.

One year after the implementation of the automotive recovery plan in May 2020, the Head of State will bring together manufacturers, equipment suppliers, social partners and representatives of the sectors, to "mobilize the automotive sector in the face of the acceleration of the ecological transition" and "build, at national and European level, a common strategic vision for 2030", announced the Elysée on Saturday.

Support for the sector

"This is a necessary transformation that the President is ready to support, within the framework of an investment plan in the automobile which is reinforced as much as possible at the European level", adds the Elysee, recalling that 'an “eight billion euro plan” was announced in May 2020 in the context of exiting the Covid-19 crisis.

Discussions should focus on “a detailed transition plan, with a strong ambition for future activities (batteries, hydrogen, power electronics, on-board software, charging stations, etc.) and enhanced support for all the sector affected by this transition ”, according to the source.

New European regulations

The sector "estimates at 17 billion euros the investments to be located in France within five years on the key technologies of the automobile of the 21st century, and at 30% the level of public support necessary", tweeted Saturday the Platform sector automotive (PFA).

Monday's meeting should make it possible to "refine" France's position on the EU's proposals on the end of gasoline engines, indicates the sector, which expects France to be positioned for an end in 2035 .

The European Commission is due to propose new regulations on July 14 to reduce CO2 emissions from new vehicles to zero in order to combat climate change.

According to several sources, it envisages the complete elimination of automobile emissions from 2035. Battery-powered electric vehicles being the only ones to meet this requirement, they would de facto become the only ones authorized on the new market.

The International Energy Agency (IEA) did the math recently: according to its projections, manufacturers must end the sale of new combustion cars by 2035, if the world is to achieve carbon neutrality mid-century and curb global warming.

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