Italy’s EV market is not yet out of the woods, but things are starting to look up again. As European countries continue their long run to electrification, the continent’s fourth-largest auto market is struggling to regain the pace it lost a few months ago.for the month of May confirm the start of what will hopefully be a long-term rebound for electrified vehicles.
Plug-in hybrids proved more resilient than BEVs in the wait for new incentives, scoring a good 7,476 units that reaffirmed their lead among plug-in options. Market share reached 6.1%, up from 5.4% a year prior. Combined share of plug-in powertrains for the month of May was almost 9.8% , mainly thanks to PHEVs, and close to the psychological 10% threshold that was routinely overtaken in the second half of 2021 but out of reach since the start of 2022.
The Fiat 500e held steadily in first place with 749 registrations, way ahead of runner-up Smart ForTwo, with 450 units. An unusual third was the Peugeot e-208, with 297 registrations, helped by underwhelming results by other A-segment models, perhaps held back logistically by the late launch of new incentives.