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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.