The race of Italy’s electric car market shows signs of fatigue, as 2022 started off with mixed results. While other European countries continued boasting exponential rises in January consistent with the exuberance of year-end, the same was not completely true in the continent’s fourth largest car market.
2021 saw continued growth in the nascent Italian EV market. Amid the tail end of the coronavirus pandemic, uncertain financial incentives and the ongoing global chip shortage, electric mobility confirmed a momentum that has been gaining strength across Europe and the world.
2021 ended on mixed notes for Italy’s car market. Amidst the continued, stellar growth of electric mobility throughout the Old Continent, EV sales finished the year at record share levels in all major European markets. While Italy followed suit in share terms, total sales reached worrying lows throughout powertrain segments.
Italy’s EV market maintains a fast pace in November, while overall car sales continue their decline in tune with most other European countries. As internal combustion engines keep their downward trajectory, a new normal seems to be taking place: less overall sales, more electrified ones.
It’s yet another month of positive news for electric mobility throughout Europe, and Italy – the continent’s fourth largest market – is no less in scoring high EV gains in the midst of a global ICE meltdown.
It’s been a stellar year so far for electric car sales. Throughout Europe new records keep coming, with emerging markets consolidating into double-digit share for plug-in vehicles. In the wake of September records, Italy – Europe’s fourth largest market – has now entered a new phase in the race to EV adoption. Time for a recap of the first three quarters of 2021.
It is a momentous time for electric vehicles throughout Europe. September sales have brought fresh records throughout the continent’s major car markets, and all this is happening in the background of a wider crisis for traditional powertrains. In a quarter-end month filled with expectations for market share as well as individual model exploits, Italy’s car market does not disappoint and boasts historical highs and new entries.
Plug-in vehicles’ sales keep climbing in Italy. August statistics bring yet more good news on the electric mobility front, building on the strong momentum for EVs while a slowing car market shows growing signs of decline for internal combustion powertrains.
July brings more good news on the electric mobility front as monthly registrations data are released around the globe. Italy’s car market is quickly maturing, from a laggard among giants to potential force of change in continental Europe.
The first six months of 2021 have marked a period of yet exceptional growth for electric mobility on a global scale. Europe is leading the charge, and Italy – the continent’s fourth largest market – is now on the verge of reaching double-digit market share for plug-in vehicles, following consistent monthly growth and quarter-end peak registrations.
