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Tesla Model 3 Leads September EV Surge In Italy As Market Triples Year On Year

EV adoption in 2020 is skyrocketing in most European countries, with governments’ responses to the coronavirus pandemic focusing on a green recovery. As we enter the last few months of the year, the effects of these environmental policies and the ongoing rollout of new EV models on the market are starting to show. Italy is no exception to this, as September figures for electric car registrations reach new heights.

EV Sales Surge In Italy As August Marks Start Of New Incentives

Italy’s car market is back in full swing after a horrible Spring and a progressive recovery from early Summer. Official August market figures are out and offer a very upbeat picture. A market improvement was broadly anticipated, as this month marks the introduction of new incentives aimed at electric mobility and low emission ICE vehicles. What remained to be seen was which powertrains would benefit the most from the new policy.

Italy Set To Increase EV Incentives To €10,000 — Are Carmakers Ready?

The Italian government is preparing new fiscal measures to sustain the economic recovery, following months of lockdown at the peak of the coronavirus pandemic. Like in many other countries, particularly so in Europe, economic stimulus is being directed preferentially to a sustainable recovery, especially in the transport and construction industries. As part of proposed new measures, current incentives to low emission vehicles are set to be increased by at least 50% from August for the rest of the year, to levels aligned to similar policies recently adopted in countries like France and Germany.