It’s been a bad start of the year for the Italian car market, as 2022 inherited crises that had been brewing since the covid pandemic. With an ongoing chip shortage, policy uncertainties, inflation spiking, and a war in Europe, among other things, car sales crashed and electrified options also started suffering.show, the first quarter of 2022 marked a watershed moment.
Plug-in hybrids faired much better than BEVs, scoring 17,141 registrations in Q1, actually up 4.4% YoY. This could be considered a positive result in the current market, as it also helped PHEVs reach 5% share for the quarter, up from 3.6% a year before. Transitional plug-in powertrains are indeed enjoying better success than full electrics under Italy’s present conditions, a balance that might stay unvaried in the mid term. Overall plug-in sales thus achieved an 8.
Better question… Will the scarcy of lithium be the demise of the EV movement and green hydrogen and fuel cells and Plug Power rise to the top? Ask yourself, scarce lithium or the most abundant element of the planet earth and beyond of hydrogen win out⁉️⁉️⁉️⁉️⁉️