Summer continues with a strong growth trend for the Italian EV market. With the broader car industry now in recovery mode as the coronavirus pandemic falls under control, and ahead of enhanced EV incentives recently passed by Italy’s government, July monthly car sales figures paint a well known picture of steady growth for electric mobility.
Italy’s EV market is finally getting hot. Following months of unprecedented growth and despite an incredibly adverse time in history, electric mobility has now reached the halfway point of this infamous year with outstanding figures, doubling sales from 2019. And the most important aspect is, we haven’t seen anything yet.
Electric car sales are keeping their strong momentum in Italy. As the nation’s car market recovers from the coronavirus collapse of previous months, overall volumes are returning to healthy levels amidst strong signs of a new reality in the industry. June figures show consolidating trends of change that will likely lead to electric surprises in the second half of the year.
The worst is over for global car sales, following the coronavirus black swan that has put an indelible mark on 2020. With every nation slowly enacting new phases of reopening, the car industry can breath a sigh of relief, as car sales everywhere pick up momentum after an awful few weeks at near-zero. Fast in bouncing back is Italy’s market, which – although still about 50% down year-on-year – is way up from the April lows that saw it crater by 97.5% from the same month last year. So does this mean we’re back to business as usual? Not quite.
The European Car of the Year is not the “Best Buy” advice of a consumer organization. It does not put a sticker on Product X in category Y in price class Z. It does not help customers to choose between the myriad offerings on the market by positioning something as the cheapest, coolest, easiest, safest, healthiest, or greenest product they can buy.
New record sales mean that exactly 10 times as many full electric cars were sold in February 2020 compared to the same month last year.
When visiting the leading car shows in Geneva, Paris, and Frankfurt, the carmakers will take you on a journey, showing their grand visions about future mobility with vehicles that merge into houses, are lounges on wheels, or are just crazy, impractical futuristic works of art.
In response to a recent article of mine about electric vehicle models that could potentially hit 10,000+ sales a month, several readers suggested other models that I neglected (or simply didn’t have much faith in). I thought these suggestions warranted a followup article.
Recently, a commenter told me that I was far too optimistic, the transition to electric driving would not start before 2025. And we were both thinking in percentage market share.
Vauxhall might not be on everyone’s lips in the US, but in the UK it’s an everyday affair. The Opel Corsa was reworked by Vauxhall when GM owned all companies, but is now part of Groupe PSA.
