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Italy is the weakest electric car market in Europe, and the Italian populist government has given birth to a big plan: to launch 1 million electric vehicles
nationwide.
To achieve this, the government may need to invest $10 billion
in incentives.
According to the European Automobile Manufacturers Association, Italy sold a total of 2 million pure electric vehicles last year, while the Italians only bought about 2,600, and only about 4,800 if plug-in hybrid models are included
.
It is estimated that there are currently fewer than 5,000 all-electric models on Italian domestic roads
.
Analysts say that to reverse Italy's lagging electric car sales and overtake it to become Europe's largest electric car market, the Italian government needs to introduce incentives at least as much as the Norwegian government, which may require billions of euros or even not enough
.
Italy is the weakest electric car market in Europe, and the Italian populist government has given birth to a big plan: to launch 1 million electric vehicles
nationwide.
To achieve this, the government may need to invest $10 billion
in incentives.
According to the European Automobile Manufacturers Association, Italy sold a total of 2 million pure electric vehicles last year, while the Italians only bought about 2,600, and only about 4,800 if plug-in hybrid models are included
.
It is estimated that there are currently fewer than 5,000 all-electric models on Italian domestic roads
.
Analysts say that to reverse Italy's lagging electric car sales and overtake it to become Europe's largest electric car market, the Italian government needs to introduce incentives at least as much as the Norwegian government, which may require billions of euros or even not enough
.
