(Finance) – It proceeds without stopping from 12 months there growth of the car market in Europe: also to July the registrations have exceeded the bar of million units, at 1,022,468 (+16.7% vs 875,844 in July 2022, but still down by 23% on July 2019). The balance for the first seven months of the year now rises to 7,612,451 registered units, +17.5% compared to 6,477,228 in January-July 2022 (-22% over the first 7 months of 2019).
In July, growth was seen in all five major markets, with theItaly which marks +8.7%, the United Kingdom +28.3%, the France up 19.9%, the Germany +18.1% and the Spain +10.7%. The figure for the first seven months of the year assigns the best percentage growth to Spain with +21.9%, followed by Italy with +20.9% and then the United Kingdom +19.6%, France +15.8%, Germany +13.6%. Among the five, in terms of volumes, Italy ranks fourth both in July and in the seven months.
The Italian market however, it remains anchored in last place among the major markets in terms of car ‘with plug’ (ECV) whose share is down to 7.8%, sum of 3.4% of electric mashed potato (BEV) and 4.4% of plug-in hybrids (PHEV). With these figures, the gap of Italy still remains large compared to Germany, where BEVs are at 20% and PHEVs at 5.9% (a sharp decline due to the exclusion of this category from incentives starting from January), and also compared to France (BEV 13.1% and PHEV 10.3%) and the United Kingdom (BEV 16% and PHEV 8.1%), and also surpassed by Spain (BEV 4.2%, PHEV 6.4%).
The distance with the other four Major Markets in the electricity market remains high even in the seven months, where our shares (BEV 3.8%, PHEV 4.6%) compare with the highest percentages of Germany (BEV 16.4%, PHEV 5.7%), France (BEV 15.2%, PHEV 9.0%), UK (BEV 16.1%, PHEV 6.8%) and Spain (BEV 4.7%, PHEV 6.3%). In the European market as a whole, ECVs are growing, with BEVs at 14.6% in July and 14.3% in the 7 months and PHEVs at 7.9% in the month and 7.4% in the cumulative.
“If with these numbers the situation for the ECVs in Italy is critical, in perspective – he commented UNRAE in a note –, is likely to be even worse in the light of incentive bookings. In fact, the drawdown recorded a decrease compared to 2022: respectively -21% for BEVs and -32% for PHEVs by natural persons, -51% and -68% by legal persons. From here we can predict a total residual at the end of the year of around 323 million euros, equal to 55% of the available funds, which would add up to the 272 million left over from the 2022 funds”.