Are you involved in the automotive industry? Apply to the ‘Auto Modernisation Plan’.
The automotive industry is facing major industrial changes associated with the transition to low-carbon vehicles and the digital revolution. In addition, companies in this sector have been weakened by the sudden drop in activity triggered by the health crisis, and by uncertainties about the pace of recovery in the short and medium term.
In a highly competitive global market, the entire automotive sector also has to contend with factors affecting competitiveness that are common to the entire industry. These factors are weighing on margins, with an impact on companies’ ability to invest in production (site modernisation) and product development to face up to global competition.
The government has therefore decided to help these companies become more competitive by speeding up the automation and digitisation of their industrial processes. They must be able to become more resilient by modernising their activities.
Amount and eligibility of investment projects
To enable the automotive industry and its hundreds of thousands of jobs to bounce back from the crisis, on May 26, 2020, the French President launched a vast automotive recovery plan. In particular, it was decided to create an investment support fund to accelerate the modernization and digital transformation of the automotive industry.
Investment projects industrial modernisation are designed to boost the industrial competitiveness of the companies behind them, improve their performance and reduce development and industrialisation cycles. They focus on modernising industrial processes, equipment and production tools within automotive supplier companies.
Projects in line with the digital transformation of the automotive industry are also eligible. These projects may involve the acquisition of materials and equipment that can be integrated into the company to bring it closer to the standards of the industry of the future.
-
-
- Expected projects must have an expenditure base in excess of 200,000 euros, in line with the size of the company and its ability to sustain investments.
- The work supported is carried out over a maximum period of 36 months.
- Aid per project may not exceed €15m3 .
- Applications must be submitted by November 17, 2020
-
Solutions with tangible benefits
For over 6 years TEEPTRAK helps players in the automotive industry to easily increase their performance by 5% to 15%. in just a few months, thanks to external solutions that are ultra-competitive and easy to configure.
Investment in these solutions is eligible under the automotive industry’s economic recovery plan, and TeepTrak is keen to support new partners in their transformation projects.
To do this, simply request a demonstration during which the TeepTrak teams will explain the operating principle of the chosen solution and the details of your eligibility conditions.
0 Comments