Italy develops subsidies for new energy vehicles
A few days ago, GM and Tesla both broke through the sales mark of 200,000, which means that subsidies will also be terminated. At the same time, Norway has also set a new record for new electric vehicle sales, all thanks to the government's relevant policy incentives.
However, as the United States is considering whether to cancel or extend the subsidies for electric vehicles, other countries are considering such issues.
The Italian legislature this week has developed a new set of regulations aimed at accelerating the adoption of electric vehicles. According to local media, the new regulations will take effect on March 1st once approved by the House of Commons. They will provide a subsidy of up to 6,000 euros for new energy vehicles for buyers who buy battery electric or plug-in hybrids and whose price is below 50,000 euros.
Details of the program have not yet been announced.
However, everything has two sides. The other side of Italy is to impose a new tax on vehicles with gasoline or diesel engines based on emissions. Vehicles that emit between 161 and 175 grams of carbon dioxide per kilometer will be subject to a tax of €1,000. The more emissions, the higher the tax. Vehicles that emit between 201 and 250 grams of carbon dioxide per kilometer will pay a tax of up to 2,000 euros.
Small family cars have a tax-free policy, but larger cars and SUVs will be subject to the highest tax rate, and the new policy is scheduled to take effect at the end of 2021.
New products coming soon
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