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Car incentives, funds for electric vehicles burned in 9 hours | FP

by admin_l6ma5gus
June 4, 2024
in Business
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Not even 24 hours and the funds intended for incentives for the purchase of a new electric car went up in smoke. Over 200 million euros vanished in less than 9 hours: these are the data arriving in relation to the bookings that the platform managed by Invitalia has received since yesterday morning at 10am. And if we want it is a bit of a surprisegiven that as today’s edition of Repubblica reminds us, the money intended to support the purchase of low CO2 petrol cars usually runs out within a matter of days.

Incentives for electric cars selling like hotcakes

“With this incentive plan we support families in purchasing an eco-friendly car by renewing their fleet and at the same time stimulating national production. It is an Italy Plan, for families and for Italian work.” the comment by Adolfo Urso, Minister of Business and Made in Italy. Plan which technically would be about 1 billion euros, even though yesterday 710 million appeared on the platform. The reason? The ministry says that 1 billion is for the entire current year, and that in this sense 300 million were used from January to June. Despite this, there are more than 250 million left over from previous years that can be used.

New funds on the way?

UNRAE has called for the funds to be reinstated. Also because if on the one hand we have car incentives for electric cars that have already been exhausted, on the other we have a Italian market slowing down in May: less than 140,000 registrations in the fifth month of the year, down 6.6% compared to the same month last year. Returning to the incentives, the newspaper reminds that bookings will now have to be confirmed with the delivery of a car within nine months, otherwise the subsidy will cease.

#Car #incentives #funds #electric #vehicles #burned #hours

admin_l6ma5gus

admin_l6ma5gus

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