Italy’s shift to electric mobility is experiencing an uncertain path, following what was a very promising exponential growth rate that lasted until 2021. As 2022 proved to be a lost opportunity, much in contrast with other major European countries, 2023 is progressing with rather mixed signals.
Italy’s EV market is finally giving some positive signs, after months of subdued numbers. As the rest of Europe enjoys new records, the Bel Paese also boasts a strong performance. The road to recovery is however still paved with uncertainty.
Italy’s road to electric mobility has been featuring substantial setbacks in recent months, and the start of 2023 was no different. With the rest of Europe firmly progressing in its upward trajectory, the land of the most famous supercars seems yet undecided as to its future.
2022 was a year of defeat for electric mobility in Italy. Europe’s fourth largest market struggled to keep up with the rest of Europe’s major auto markets. While EVs made important gains in market share throughout the continent, Italian sales of plug-in vehicles suffered an unanticipated setback.
Italy’s EV market ended a weak 2022 with a December in line with the unimpressive figures posted in previous months. While the overall car market showed good signs of recovery, plug-ins yet again stalled in what is a reverse trend not followed by any other major European nation.
It was another month of bittersweet feelings for Italy’s car sales in November. With the rest of Europe leading the charge in the switch to electric mobility, the continent’s fourth largest auto market saw contrasting signs for EV adoption. Tesla taking a decisive lead in BEV sales helped lift full electric cars’ market share and limit Year-On-Year losses.
October 2022 was another month of misery for Italy’s once promising EV market. In stark contrast with the rest of Europe’s main arenas, which keep making strides in electric mobility adoption, the Mediterranean country is still in the midst of an identity crisis.
2022 has not been a pleasant journey for plug-in vehicles in Italy. Following years of exponential growth, the spark of the EV revolution seems to have gone cold in one of the arguably most important auto markets – by volume and automotive history – in Europe and the world.
There are no good news in sight for Italy’s EV market, which is witnessing a radical turn from the burgeoning growth of the past few years to a sudden, steady decline. Meanwhile, the rest of Europe continues to maintain growth trends despite economic uncertainties and global supply chain shortages.
There is no sign of relief for the ongoing EV crisis in Europe’s fourth largest auto market. As the rest of the Continent continues to enjoy an increasing share of plug-in vehicles across all major countries, Italy is showing a worrying pullback, whose causes – as ever – are also political.
