Italy is synonymous with performance-driven brands such as Ferrari, Lamborghini, Ducati, and Aprilia. However, the country also regularly backs the adoption of electric vehicles. On February 18, 2022, Prime Minister Mario Draghi announced the Ecobonus program and officially signed a decree to initiate the new electric vehicle purchasing incentives on April 18, 2022. Less than a month later, on May 16, 2022, the new campaign went into effect, making electric vehicles more attainable for consumers throughout Italy.
Electric vehicle dealers will be able to access the Ministry of Economic Development’s booking platform starting on May 25, 2022. That won’t stop buyers from enjoying the incentives now, though, with shops backlogging sales to the system until the launch date. Overall, Ecobonus will set aside €650M ($688M USD) between 2022 and 2024 to help the public purchase electric and low-emissions vehicles while also promoting motorists to scrap Euro 0-5 vehicles.
