Purchase of an eco-friendly vehicle
| Triggering events | The date of the vehicle purchase invoice or the date of transfer in the case of a transaction between private individuals |
| Rights related to fund release | The vehicles concerned are: - private cars, vans, motorcycles, and scooters, whether new or used, that do not emit CO2, in other words, only electric and/or hydrogen vehicles, as well as new electric bikes and electric cargo bikes - used vehicles sold between private individuals - vehicles acquired following a lease - the purchase can only be made in the name of the person concerned |
| Rights related to fund release | Right established prio to the triggering event: - Profit-sharing, incentive bonuses (and any matching contributions) allocated to the saver and relating to financial years closed as of the date of the triggering event. - For other contributions (and any matching contributions), only the assets recorded in the account as of the date of the triggering event can be released |
| Supporting documents, depending on your situation | - The signed purchase order, indicating the type of energy used (code EL or H2), or the vehicle invoice - For used vehicles, a sworn statement confirming the vehicle’s purchase price, in which the beneficiary commits to providing a copy of the seller’s crossed-out registration certificate (carte grise or registration certificate) and the new registration certificate in their name (carte grise or registration certificate), and to returning any funds released if the purchase does not go through In the case of a loan: - A financing plan issued by the lending institution must be attached. This plan must specify: -the purpose of the loan -the loan amount -the amount of public subsidies -the amount of employee savings to be included in the calculation of the personal contribution. The amount of early release of savings cannot exceed the amount of the personal contribution Funds may be released upon presentation of the financing plan issued or endorsed by the lending institution that has entered into a loan agreement with the applicant, i.e., before the actual purchase takes place. And in this scenario, the beneficiary must attach to their early release request a sworn statement committing to provide the previously mentioned supporting documents and to return any funds released if the event does not occur If a loan is involved, unavailable employee savings may be used to finance all or part of the personal contribution for this purchase. The amount repaid in advance cannot exceed the amount of the personal contribution |
| Deadline for submission of supporting documents | 6 months from the triggering event (after the entry into force of decree no. 2024-690 dated 5 July 2024, i.e., from 7 July 2024 onwards) |
| Excluded events (non-exhaustive list) |
Used hybrid vehicles and used electric bicycles Vehicle rentals Vehicles such as electric scooters, balance bikes, and self-balancing personal transporters |