In Italy, they plan to give up to 6,000 euros ($6,570) in grants to those looking to buy an electric car for the first time. Authorities will take such measures as part of supporting the local auto industry, an Italian government source told Reuters.
According to the latest data, Rome intends to provide up to 8.7 billion euros for car purchase subsidies by 2030, of which around 700 million will already be available this year. All of these funds will be used to support the Italian auto industry.
The subsidy of up to 6,000 euros is intended for the purchase of a new electric car with a price of up to 35,000 euros. This includes a contribution of 2,000 euros for the disposal of an old car with a combustion engine.
The purchase of hybrid cars worth up to 45,000 euros is subsidized with up to 2,500 euros. At the same time, buyers of internal combustion engine cars can also get a subsidy of 1,250 euros – but only for the latest ones that meet the Euro 6 standard when recycling older cars with conventional fuel.