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Italy to provide new EV buyers with subsidies of up to 6,000 euros

In Italy, they plan to allocate subsidies of up to 6,000 euros ($6,570) to those wishing to purchase an electric car for the first time. The authorities are going to take such measures as part of the support of the local automotive industry, a source in the Italian government told Reuters.

According to the latest data, Rome intends to allocate up to 8.7 billion euros to subsidize car purchases until 2030, including about 700 million already in the current year. All these funds will go to support the Italian auto industry.

The subsidy up to 6,000 euros is intended for the purchase of a new electric car with a price of up to 35,000 euros. It includes a contribution of 2,000 euros towards the disposal of an old car with an internal combustion engine.

The purchase of hybrid cars worth up to 45,000 euros will be subsidized up to 2,500 euros. At the same time, even buyers of cars with internal combustion engines will be able to receive a subsidy of 1,250 euros – but only the latest ones that meet the Euro 6 standard when recycling older cars on traditional fuel.

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source: Reuters






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