27 Jun '18, 3pm

New government in Italy plans 1 million electric cars by 2022, could cost $10B

Italy has been an electric-car backwater in Europe, but a new populist government has dramatic plans to change that. According to a Bloomberg report , the new Five Star government elected in March is calling for incentives to put 1 million electric cars on Italy's roads by 2022. Last year, data from the European Automobile Manufacturers Association showed only 2,600 electric cars were sold in Italy, along with other 2,200 plug-in hybrid vehicles. The country has fewer than 5,000 electric cars registered today, Bloomberg estimates. That number puts it last among 16 large Western European countries. CHECK OUT: Rome joins European ban-diesel bandwagon after German court ruling Selling 1 million electric cars would transform Italy into the No. 1 market for electric cars in Europe and require government incentives larger than those in Norway, currently Europe's clear leader in ...

Full article: https://www.greencarreports.com/news/1117453_new-governme...

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