Ecological transition: Macron will receive the automotive industry to call for help

President Emmanuel Macron receives on Monday representatives of the automotive industry at the Elysee Palace, which is calling for help in financing its environmental transition, and in particular the transition to an electric motor, an acceleration that the sector believes will require more than 17 billion euros here in 2025 .

One year after the implementation of the car recovery plan in May 2020, the head of state will bring together manufacturers, equipment suppliers, social partners and sector representatives to “mobilize the automotive sector facing accelerating environmental transition” and “build, at national and European level, a common strategic a vision for 2030, ”Elysee announced on Saturday.

“This is a necessary transformation that the president is ready to support, as part of a car investment plan that is as strong as possible at European level,” Elysee added, recalling the “eight billion euro plan” announced in May 2020 in the context of exiting crisis Covid-19.

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

The sector estimates that investments will be located in France within five years at 17 billion euros, “in key automotive technologies of the 21st century,” emphasizes the Automotive Platform (PFA), which estimates the need for public support at 30%.

The sector, which has partnered with McKinsey, believes it will need $ 9 billion to capture and (re) localize these technologies in France: electric batteries (by 6.6 billion), hydrogen (1.2 billion), power electronics ( 900 million), connectivity. He recalls that France only has two “gigafactories” for batteries when they would need five times as many by 2030.

The PFA estimates that the economic impact of these investments would result in the creation of more than 35,000 jobs and 7.5 billion euros of added value.

Approximately € 8.5 billion would also be needed to speed up the introduction of electric charging stations, which France is now lagging behind: around 33,000 have been installed to date, when 100,000 were expected by the end of 2021, according to the Association for the Development of Electric Mobility (Avere).

– Switch to 2035? –

“We are very clearly facing the risk of a fall scenario that will take France out of the major countries of the car industry. We can also turn it into an initial opportunity that requires new industrial ambition,” Luca Chatel, president of PFA, told AFP.

“Tomorrow’s automotive industry will be electric? Let’s set up devices so that this irreversible change is sustainable,” he adds.

According to him, “France today represents only 9% of the added value of the European car industry. We must give ourselves the means to change the scale on batteries, hydrogen … having managed to locate massively French investment.”

Monday’s meeting should also make it possible to “purify” Paris’ stance on EU proposals on the end of petrol engines, according to an industry source who expects France to position itself by the end of 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 car emissions from 2035. Battery-powered electric vehicles, which are the only ones to meet this requirement, would de facto become the only ones authorized in the new market.

The International Energy Agency (IEA) recently calculated the budget: according to its projections, manufacturers must stop selling new cars with combustion by 2035 if the world wants to achieve carbon neutrality in the middle of the century and curb global warming.

tsz-cho-jri-ib / kd / or

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