Automakers

Italy OKs $9B in energy aid; includes EV incentives

Fiat New 500 3+1
The Fiat New 500 EV. The new aid package includes incentives for electric and dual-fuel vehicles. (NONE)
B
By:
Bloomberg
February 19, 2022 08:51 AM

The Italian government approved almost 8 billion euros ($9 billion) in aid to shield consumers and companies from soaring energy prices that are weighing on the economic outlook, including 1 billion euros for the automotive industry.

Staying current is easy with newsletters delivered straight to your inbox.