Italy's BEV Market Down In February — Waiting For New Incentives

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Originally published on opportunity:energy. As Europe sets sail for ever more ambitious growth for electric vehicles, all is not well in the continent's fourth largest car market, Italy. While other major European auto markets continued

, as well as those of recent months, overall car registrations in Italy declined by over 22% year on year , with a total of around 112,000 registrations compared to over 144,000 a year ago. Petrol and diesel powertrains declined to 26.4% and 22.3% market share respectively , a relatively modest decrease in share, while absolute registration numbers for both engine types suffered YoY declines near or over a third. Traditional plugless hybrids increased their market share to 34.

Plug-in hybrids followed a different path to all other powertrains this month, going against the current. With 5,473 registrations, PHEVs made up 4.9% of the market, up over 11% from last year’s levels when they stopped at 3.4% share. It’s a brilliant result for this transitional technology, which seems clearly favoured by Italian consumers, and surely by car dealers. Their good performance allowed the combined market share of all plug-in powertrains to reach 7.

The Fiat 500e gained its first crown of the year, reaching 509 registrations in a month without volume deliveries of top contender Dacia Spring. The Smart ForTwo took second place with 297 units, also helped by the absence of another A-segment podium competitor, the Renault Twingo ZE. The two successful minis by Renault Group may have been subject to logistical shortages and are sure to be seen again soon.

 

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The same would happen in any European country that halts the bev incentives. Bev sales would dry up. Yet the not buying expensive petrol isn't enough.

Still so early.

Good chance for Spain to leave the last European position then... In March, BEV was the only category with an YoY increase! 👇

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