Italy wants to achieve the goal of 1 million electric vehicles on the road by 2022 and become the European electric vehicle market leader

According to foreign media reports, Italy is the weakest Electric Car market in Europe, and the Italian populist government has bred a big plan: put 1 million electric cars nationwide. To achieve this goal, the government may need to invest 10 billion US dollars in incentive measures.

The populist government and its alliance partner, the Five Star Movement Party, were arguing about the ruling contract last month. The Five Star Movement Party tried to add "reducing gasoline and diesel vehicles" to the contract, and called on the government to introduce incentives to support the exchange of used cars for cash. Way to acquire electric cars and hybrid cars.

Although the contract did not set specific numerical goals, Luigi Di Maio, the leader of the Five Star Movement Party, was ambitious and wanted to achieve the goal of 1 million Electric Vehicles on the road by 2022. Some people think that the goal is unrealistic, but it will make Italy a leader in electric cars in Europe. Luigi Di Maio is 31 years old and serves as Minister and Deputy Prime Minister of the Ministry of Labor and Development of the Government.

A spokesperson confirmed that the Italian government is working hard to achieve this goal, but did not specify whether 1 million cars refer to pure electric vehicles or hybrid vehicles, and declined to comment on the cost of achieving this goal.

According to the European Automobile Manufacturers AssociaTIon, Italy sold a total of 2 million pure electric vehicles last year, while the Italians only bought about 2,600. If you consider plug-in hybrid models, there are only 4,800 Around. It is estimated that there are currently fewer than 5,000 pure electric vehicles on the domestic Italian roads.

Industry commentators say this is the problem. Analysts said that to reverse Italy’s sluggish sales of electric vehicles and achieve overtaking, to become Europe’s largest electric vehicle market in one fell swoop, the Italian government needs to introduce at least comparable incentives to the Norwegian government, which may require billions of euros, or even not enough.

Norway, as a leader in electric cars in Europe, its incentives cover everything from tax relief, toll relief to free ferry. Norwegians can get a subsidy of 9,000 euros ($10,400) for Volkswagen Golf electric vehicles, and 7,000 euros for Volkswagen Up electric vehicles. In France, a subsidy of about 10,000 euros can be obtained for each electric car purchased. It is expected that by May 2022, sales of electric cars in France will triple to about 150,000.

Gian Primo Quagliano, head of Promotor’s research institute, said, “If Italy wants to reach 1 million electric cars on the road in the next five years, the only option is to grant huge tax incentives like Norway.” Quagliano surveyed Italian car sales for 25 years The situation said, "The government will consider granting a subsidy of US$10,000 per electric vehicle as in France." Even if the government issues a subsidy of approximately US$10 billion for electric vehicles, "it will not be possible to achieve this goal quickly in the short term."

If it is difficult to achieve this goal, the government may need help from companies such as the Italian National Electric Company (Enel SpA). The Italian National Electric Power Company is the largest public utility in Europe. It plans to invest between 100 million and 300 million euros to establish 14,000 charging stations in Italy by 2022. However, the company said that based on its experience in the field of electric vehicles, the Italian government's electrification goals will be full of challenges.