Despite the fact that all governments in Europe and the US are switching to NEVs, Italy in particular received dismal news from its August sales data, which showed a staggering 29% year-over-year fall with only 2,304 cars sold.
Surprisingly, the Tesla Model Y came in at number six among the best-selling electric cars in the nation, despite Fiat continuing to dominate the electric car industry in Italy and selling the majority of electric vehicles in August with its Model 500E.
Unrae claims that although car sales in Italy increased by 10% year over year, the month of August this year saw the slowest growth ever. Internal combustion engine cars benefited the most, as gasoline engines increased by 26. 7%, and component-free hybrid vehicles increased their market share to 39% from 31. 5% last year.
Fully electric vehicles’ market share fell to just 3.
2%, down 5% from the previous year, while hybrid automobiles saw a 16% year-over-year loss in sales and a 5% to 3.8% market share decline, with a 7% total decline in the proportion of plug-in hybrids.
According to the report, there are logistical and economic reasons for this decline in electric cars in Italy, beginning with Italy entering a possible recession next winter that made consumer spending focus more on the basic elements, in addition to that car manufacturers focused on delivering their electric cars to the most stable regions. In Europe such as Germany, France and the United Kingdom.
Additionally, the Italian government introduced a new, stricter incentive programme for low-emission vehicles in June, which seemed to pave the way for long-term policy stability. However, changes were made to the programme in early August, even though it had not yet been signed into law, which significantly reduced the demand for electric vehicles.
Italy is a significant setback for electric vehicles, and Tesla is behind schedule.
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