Italy has a strong car industry, alongside Fiat, the Lancia, Alfa Romeo, Ferrari and Maserati brands are also at home here. Accordingly, after the strong economic consequences of the pandemic, the budget law also provides for high subsidies for the purchase of new vehicles for the years 2022 to 2024. A total of 650 million euros are available for incentives to buy climate-friendly for this period Acars provided.
New criteria for electric car funding since 2022
The new plans are currently such that private individuals will receive a subsidy of 35.000 euros for the purchase of new electric cars with a net price of up to 3.000 euros. An additional 2.000 euros will be granted if a combustion engine with emission class Euro 5 or worse is scrapped at the same time. For these purely electric vehicles, 220 million euros in 2022, 230 million in 2023 and 245 million in 2024 are available as incentives to switch.
The EV 2023 subsidy not only provides subsidies for the purchase of electrically powered vehicles, but also for the purchase of petrol and diesel vehicles and motorcycles if they fall within the 61-135 g/km CO2 sector.
Incentives also for light vehicles
In the Italy Very popular electric and hybrid light vehicles, such as mopeds or microcars (categories L1e, L2e, L3e, L4e, L5e, L6e, L7e) receive a subsidy of 30 percent of the purchase price up to a maximum of 3.000 euros or 40 percent of the purchase price up to a maximum of 4.000 euros when scrapping a combustion vehicle in emission class Euro 3 or worse. Italy plans a budget of 15 million euros for the years 2022 to 2024 for light vehicles.
“Among new registrations, the petrol engine shows a strong recovery, rising to 29,2% of the share (+2,2pp, to 27,6% in January-April), diesel falling back to 19,7% of the share (-1,4 .19,6pp, to 1% in Q8,3). LPG climbs back to 9,0% share in April (up from 0,1% in the first four months) and methane, the only engine in decline, stops at 3,1% share, as in the cumulative. The share of BEV fell again compared to the March recovery and remained at a share of 3,7% for the month (4,8% for the quarter), while PHEV fell to 4,5% (7,9% in January-April ). Overall, ECV cars accounted for 34,8% of the market in April. Hybrid cars remain essentially stable at 35,5% of preferences (8,3% in January-April), with 26,5% for “full” hybrids and XNUMX% for “mild” hybrids.” (UNRAE press release Italy)
TOP-5 BEV in Italy January – April 2023
1Tesla Model Y
3. Smart for two
4.Tesla Model 3
5.Renault Megane e
Cover picture - TOP-5 new registrations Italy - © Antonio GAUDENCIO - stock.adobe.com
Images of cars Copyright of the manufacturer
Source. UNRAE statistics - Italy
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