Italy’s EV Slump Is Far From Over — Plugins At 8.3% In October

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Italy’s EV Slump Is Far From Over — Plugins At 8.3% In October
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October 2022 was another month of misery for Italy's once promising EV market. In stark contrast with the rest of Europe's main auto arenas, which keep making strides in electric mobility adoption, the Mediterranean country

October 2022 was another month of misery for Italy’s once promising EV market. In stark contrast with the rest of Europe’s main auto arenas, which keep making strides in electric mobility adoption, the Mediterranean country is still in the midst of an identity crisis.for the month of October dim the picture even further than in recent months. While the overall car market continued its rebound, the same was not true for plug-in cars.

Plug-in hybrids, on the other hand, performed rather well for the month. With 6,116 registrations, PHEVs reached 5.2% market share, growing a substantial 17.4% YoY from 5,209 units twelve months prior . This is an unusual increase for plug-in hybrids, which are otherwise seeing flat sales elsewhere on the continent as consumers mostly turn to favour BEVs as new models enter the scene. Thanks to the bumper performance of PHEVs, overall plug-in sales reached 8.

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