With the inflation of raw materials and energy observed since the beginning of the year, certain models of electric cars are experiencing a significant price increase. Delivery times are getting longer and the second-hand market is making a breakthrough.
Due in part to the 2021 semiconductor shortage and the war in Ukraine, inflation in raw materials and energy would have a direct impact on the price of electric cars, reports BFM TV Thursday, April 14. According to our colleagues, the price of the Tesla Model 3, which is one of the best-selling electric vehicles in France, has for example increased by more than 11000 euros in a few months.
With a price previously less than 45,000 euros, the purchase of this vehicle gave the right to the maximum ecological bonus of 6000 euros. However, since the rise in prices due to inflation, the acquisition of this car now sold for 49,990 euros only entitles you to aid of 2000 euros.
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Decreased ecological bonus
In other words, with regard to the Tesla Model 3, inflation has resulted in just nine months in a 36% increase in the bill for the purchaser. Except for electric cars running on hydrogen, any vehicle exceeding 60,000 euros is also free of bonuses.
Other brands face this situation. This is the case of Ford, which raised the price of its Mustang Mach-E by 11% for a price now fixed at 56,400 euros. According to an expert interviewed by BFMTV, this is explained in particular by the increase in the prices of raw materials which represented 40% of the cost of the battery a few years ago, against 80% today.
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The explosion of the second-hand market
Growing consumer demand is also to blame. The latter led to a drastic reduction in available stocks of electric vehicles and a sharp increase in delivery times. For example, you have to wait three months after ordering to be able to drive with the Fiat 500 electric, and four months for the Renault Zo.
Taken together, these elements led customers to turn to the second-hand market, which saw its sales explode last year. Thus, BFMTV reports that sales of second-hand electric cars more than doubled last month in France, even if they only represent 2% of transactions.
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