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

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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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