PARIS, May 3 (Reuters) - Sales of the three most popular
Chinese-made electric vehicles in France have collapsed since
the government made them ineligible for cash purchased
incentives, industry data analysed by Reuters shows.
A surge in imports of Chinese electric cars into Europe has
triggered EU tariff threats, which are expected to be a bone of
contention when President Emmanuel Macron hosts his Chinese
counterpart for a state visit on Monday.
France, however, did not wait for a European Union decision
on implementing tariffs, instead redesigning its cash bonus
scheme in December to exclude the purchase of models made in
China, which have rapidly gained market share.
In the months ahead of the move, the three most popular
Chinese-made cars sold in France - the Dacia Spring (Renault
), Tesla's Model 3 and SAIC's MG4
- accounted for 22% of the market, according to Reuters
calculations using data from the companies and industry body AAA
Data.
Their share then surged to 32% in December ahead of the new
eligibility rules that require vehicles to meet criteria
covering how much carbon is emitted during the manufacturing
process and transport to market, favouring vehicles made in
Europe.
The three models' share of the market has since steadily
declined to just 4% in April, a drop hailed by Finance Minister
Bruno Le Maire as a sign the more restrictive eligibility rules
are working.
The French government has been eager to give domestic
carmakers time to come out with their own EV models and catch up
with Chinese makers that moved early to build up huge production
capacity.