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Incentives for electric cars, here are numbers and fears. E-Motus report

Incentives for electric cars, here are numbers and fears. E-Motus report

The incentives for electric cars could run out by August 2021, putting the battery market at risk. All the numbers of Motus-E reports

Gallop the electric car market. The incentives made available for the purchase of battery-powered cars, which plug in, work.

To say this are the numbers of a report by Motus-E, an association that brings together and represents companies active in electric mobility , in which, however, it is highlighted that the funds made available by the government could soon end, blocking registrations until new allocations are made.

Here are all the details.

MARKET NUMBERS (WHAT GALOPPA)

Let's start with the numbers. Thanks to the incentives, in March 2021 the electric car market registered record numbers, with 15,011 units of full electric cars (Bev) registered and plug in hybrids (Phev) registered. The best-selling Bev of March 2021 is the Tesla Model 3 with 1,363 vehicles.

In the first quarter, 30,000 PEV cars were sold, Plug-in Electric Vehicle cars, according to Motus-E data .

INCENTIVES CATALY THE MARKET

In practice, 37% of the total incentives planned for the whole of 2021 have already been used in the first three months of the year. A percentage that worries the sector association, which in the report writes: "However, the current speed is worrying expenditure of Ecobonus funds, without considering the current addendum deriving from the strengthening of the Relaunch Decree through the 2021 Budget Law and considering only the funds that incentivize the purchase of BEV and PHEV respectively with 6000 and 2500 euros, against the scrapping of an endothermic vehicle, and with 4000 and 1500 euros the same cases but without the scrapping of a support vehicle ".

INSUFFICIENT INCENTIVES?

The funds made available, which are at the ceiling (market support ends when the funds run out), could, at this rate, run out by next August. And if this represents “excellent news since it certifies the purchase or reservation of zero (and low) emissions cars; however, if the resources run out in August ”, on the other hand it could have important repercussions on the market.

THE MARKET IS RISK

Market that risks crashing. These incentives, writes the sector association, "are currently considered decisive for supporting the market of vehicles on tap, up to the achievement of a parity in the purchase price between endothermic and electric M1 vehicles, which MOTUS-E but also many others analysts expect it to occur with 15% of electric vehicles in total registrations ”.

Without incentives to take advantage of, citizens could decide to wait for any new incentive measures, diverting purchases in the coming months.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/incentivi-per-le-auto-elettriche-ecco-numeri-e-timori-report-e-motus/ on Fri, 02 Apr 2021 12:20:13 +0000.