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.
“New positive result for the passenger car market in October with registrations of 139.052 units. In another annual forecast, the date will be +20% after the date of October 2022, the number of days will be +14,2% after the date of October 2019, but the price points at -11,6% after the date of the month. The total number of cars registered in the first 10 months of the year reached 1.315.964 units, +20,5% and 224.000 cars more THAN The 1.091.937 in January-October 2022, but 310.000 less (-19,0 %) in the same period in 2019.
“In October, cars equipped with electric batteries also increased slightly compared to September, with BEVs increasing to 4,1% and plug-ins increasing to 4,1%, for an overall share of ECVs increasing to 8,2%.”
(Press release UNRAE Italy)
TOP-5 BEV in Italy January – October 2023
1Tesla Model Y
2.Tesla Model 3
3. Smart for two
Cover picture - TOP-5 new registrations Italy - © Antonio GAUDENCIO - stock.adobe.com
Images of cars Copyright of the manufacturer
Source. UNRAE statistics - Italy
- Jeep Avenger Altitude Electric – the flexible outdoor SUV - December 1, 2023
- Ora Funky Cat 400 Pro+ - The Purring Cat - December 1, 2023
- Minus 8 degrees, 15 cm of fresh snow - VW ID.4 Pro in the winter test - November 30th 2023