2023 — An Uphill Battle For Italy’s EV Market
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.This year began with an ongoing theme from the Italian car market. Overall sales were up across the board, with the exception of fully electric cars.
Plug-in hybrids kept their momentum, reaching 6,136 units for 4.7% market share. This was a positive result, with 10% YoY growth in absolute numbers, although it represented a reduced YoY market share due to the stronger rebound by non-electrified powertrains. Overall share of plug-in powertrains thus stopped at 7.3%, a rather low point and far from the already low 8.5% share achieved in January 2022.
Full electric cars scored their first positive monthly run of the year, with 4,914 registrations. While far from being an outstanding result, it marked a substantial 54.7% YoY increase, with a resulting 3.7% market grab, a decent improvement over the previous year’s subpar 2.8%, and even an improvement on the previous month’s measly 2.6%. It’s a reason for cautious optimism after the slow start of the year.
February’s top 10 BEV chart shows how full electric vehicles managed to regain some ground. It is down to one car.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Italy's EV Market Faces Uphill Battle In 2023: Tesla Dominates FebruaryEV sales have been off to a strong start across the globe for the beginning of 2023 due to Tesla's price cuts. Where does that leave Italy's situation?
Read more »
Getting There From Here: Metaverse, Culture and Entertainment in 2023 | Event | Consensus 2023 | CoinDeskVCs, start-ups and brands are betting big on blockchain. _nellymensah, dinafierro_ and Nataliebruss join us for a special session moderated by jeffwilser at Consensus2023 to break down this seismic cultural shift. Learn more:
Read more »
The 2023 Mazda CX-50 vs. the 2023 Ford Bronco Sport: Which one is better?They're both comfortable in a grocery store parking lot or bounding down to a kayak launch. Let’s see how these two sport utility vehicles compare.
Read more »
2023 Masters: Augusta National holds trump card in battle between PGA Tour and LIV GolfAUGUSTA, Ga. — So let's say you are Fred Ridley, Chairman of Augusta National Golf Club and the Masters. You were one of the most powerful people in golf even before the PGA Tour and LIV Golf erupted into a feud that divided the sport.
Read more »
Track & field preview, 2023: Top boys, girls sprinters & hurdlers to watchHere are the top boys and girls speedsters to keep an eye on this season.
Read more »
Chicago Decides: Voters head to polls in 2023 runoff electionsThe polls are open from 6 a.m. to 7 p.m., and we'll be following results as they come in this evening.
Read more »