Italy’s Plugin Vehicle Sales Near 10% In August — Ford Mustang Mach-E Enters Market In Top 10

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Originally published on opportunity:energy.

UNRAE stats for the slowest month of the year — August in Italy is traditionally the peak holiday period — reaffirm the ongoing trends of the past few months. At just above 65,000 registrations, the car market is slowing by more than 27% in a year-on-year (YoY) comparison — from an already low 2020 baseline of around 89,000 twelve months prior.

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In an uncertain economic recovery, and amidst rapid technological change, internal combustion engine (ICE) powertrains bear most of the decline, with their registration numbers halving. Traditional petrols and diesels took 25% and 21.5% of the market, respectively, for the first time representing a combined share below 50% (they were above 70% just a year ago). This was unthinkable just a few months back. However, the rise of electrified options has quickly led to this noteworthy result. Plugless hybrids spread ever faster, reaching a record 31.6% market share and ranking as the most popular powertrain for the second consecutive month, following their July exploit.

Battery electric vehicles (BEVs) scored 3,247 registrations, up 71.8% YoY from just 1,890 units a year ago. Far from an absolute record, this is nonetheless a solid result for such a slow month. Market share is in fact a round 5%, the best to date in 2021 and a baseline to build on as we progress towards the usually aggressive third-quarter end (and Q4 and the year end). Will we see full electric cars reach 7% or even 8% market share before the end of this year? Much will depend on stability of deliveries and a consolidating economic recovery, as well as the crucial continuity of economic incentives.

Plugin hybrids (PHEVs) boast results in line with full electrics, ending the month at 3,199 units. This is nearly a 100% increase over last year (1,631 registrations) and grants PHEVs a 4.9% market share, for once reversing this year’s trend that had so far seen plugin hybrid powertrains prevail over battery-only models. The next few months will tell whether a shift back to BEVs is in the making. Combined market share for all models with a plug now stands at 9.9%, closely trailing the recent July record (10.2%) and providing a solid base for higher figures in the very near future.

The monthly top 10 BEV chart for August confirms both the ongoing lead mini cars have held in this market and the fresh trend of larger segment new entries.

The Fiat 500e gained its usual monthly crown with 578 registrations, thus further cementing its lead in the Italian BEV arena. The much cheaper VW e-up! reaffirmed its July comeback with 324 units, suggesting renewed availability for the Italian market after months of absence for this very popular minicar. If production allowed, this model would have a stable presence among Italy’s monthly best sellers. On the opposite side of the spectrum, the Tesla Model 3 closed the podium with 308 registrations, a strong result ahead of the inevitable quarter-end push that we’ve come to expect from Tesla.

In fourth place, the VW ID.3 scored 281 registrations, consistent with recent months and sufficient to overtake the Renault Zoe (5th) and Twingo ZE (6th), which — at 214 and 196 registrations, respectively — stayed far off from their historic highs. The Smart ForTwo also took a break from the top positions, finishing the month in seventh position with 152 registrations.

Two D-segment “heavyweights” follow: the VW ID.4 reappeared in the chart in eighth place with 135 registrations, a strong result for a month of lows that bodes well for deliveries later in the year. That may also be true for this month’s new entry, the Ford Mustang Mach-E, finally making its debut in ninth position with 121 registrations. Is the American SUV here to stay? It certainly looks as though midsize SUVs could soon become a stable presence in Italy’s market, with Tesla Model Y deliveries just around the corner. Our monthly top 10 chart closes with the Mini Cooper SE, back on the list with 91 registrations.

Italy’s EV market is quickly maturing in line with other major European nations, trailing them by less than a year. We are already witnessing a change in pace, as 10% is set to become the new normal for plugins in a market that suffers from an uncertain economic recovery. Will we soon have to update recent EV records with new highs? Probably so, and midsize family cars could well be the unlikely heroes boosting electric mobility adoption in a country known for loving its minis.


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Carlo Ombello

Carlo Ombello is an environmental engineer based in London. He writes about environment, sustainability and green technologies on his blog opportunity:energy.

Carlo Ombello has 72 posts and counting. See all posts by Carlo Ombello