Italy Electric Car Market Trends, Size, Forecast - 2019-2025

>

Italy Electric Car Market Trends, Size, Forecast - 2019-2025

 

Italy electric car market is projected to augment at a CAGR of more than 20.0% during the forecast period, 2019-2025. The Italian electric car market is comparatively small and has been increasing exponentially for the last couple of years. In 2019, the electric car market augmented with a growth of 76% YoY to 17,100 electric cars as compared to 9,750 cars in 2018. The country is the fourth largest market for passenger cars after Germany, France, and UK due to which a significant opportunity can be witnessed in the near future. Multiple subsidies are offered by the government to promote electric cars in the country. ‘Eco tax’ as a penalty was introduced in Italy for using a polluting (fossil) vehicle. In addition, the government offers a subsidy of $4,400 for the vehicle that has CO2 emission rating up to 70 g/km whereas a subsidy of $1,650 for vehicles that emit between 21 and 70 g/km. An additional incentive is also provided if an older vehicle is scrapped. 

Request a free sample of our report on Italy Electric Car Market: https://www.omrglobal.com/request-sample/italy-electric-car-market

The market is analyzed based on vehicle type, propulsion technology, and battery type. Based on vehicle type, the market is further analyzed into hatchback, sedan, and SUV. Some of the most selling car models in the country include Renault ZOE, Nissan LEAF, Smart Fortwo, Smart Forfour, Tesla Model 3, and Tesla Model X. On the basis of propulsion technology, the market is bifurcated into battery-electric car and plug-in-hybrid electric car. As per the European Automobile Manufacturers Association, in 2019 around 10,660 battery-electric cars were sold in the country, with a growth of 113% YoY whereas around 6,500 plug-in hybrid cars were sold in the country with a growth of around 36% YoY in 2018. By battery type, the market is sub-segmented into NiMH electric car, Li-Ion electric car, and other battery-electric cars. Li-ion battery car market is expected to cover a major share in the near future. 

A full report of Italy Electric Car Market is available at: https://www.omrglobal.com/industry-reports/italy-electric-car-market

Italy Electric Car Market Segmentation

By Vehicle Type

  • Sedan 

  • Hatchback 

  • SUV

By Propulsion Technology

  • Battery Electric Car

  • Plug-in-Hybrid Electric Car

By Battery Type

  • NiMH

  • Li-Ion

  • Others

Company Profiles

  • BMW AG 

  • Daimler AG (Smart)

  • Hyundai Motor Co.

  • Jaguar Land Rover Ltd.

  • Nissan Motor Co. 

  • Renault Group

  • Tesla, Inc.

  • TAZZARI GL IMOLA SPA

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/italy-electric-car-market

About us:

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com         

Contact no: +91 780-304-0404

 

Share:

Keywords: size,forecast - 2019-2025

Comments

Other related blogs

In silico drug discovery services Market 2019 Glob.al Share, Trend, Segmentation and Forecast to 2030

By : Rootsanalysis

Roots Analysis has done a detailed study on “In Silico / Computer-Aided Drug Discovery Service..


In silico drug discovery services Market 2019 Glob.al Share, Trend, Segmentation and Forecast to 2030

By : Rootsanalysis

Roots Analysis has done a detailed study on “In Silico / Computer-Aided Drug Discovery Service..


HPAPI and Cytotoxic Drugs Manufacturing Market is Expected to Grow at a CAGR 12% by 2030

By : Rootsanalysis

Roots Analysis has done a detailed study on “HPAPI and Cytotoxic Drugs Manufacturing (3rd Edit..


Fragment-Based Drug Discovery Market Research Report, Forecast to 2030 | Roots Analysis

By : Rootsanalysis

Roots Analysis has done a detailed study on Fragment-based Drug Discovery Market: Library and Servic..