Bonus for vans and motorbikes, decree released

Emerging, according to Urso, 'is the line that we have indicated from the beginning, progressively shifting the axis from market subsidies to support for business investment, with instruments aimed at development, research, and productive reconversion.

The delay with which the measure is reaching the finishing line, as said almost a year compared to market expectations, can be interpreted in various ways. The frictions with the Tavares management of the Stellantis group had certainly not contributed to a rapid definition of resources. The advent of Italian governance, with CEO Antonio Filosa, and the recent announcement of e-cars at Pomigliano were considered by the government, however, to be positive signs. For its part, the Ministry of the Economy has probably in recent months been considering the possibility of using part of the resources for accounting emergencies, as demonstrated by the removal of the 251 million in the Fuel Decree.

Aid to the production chain, incentives for the purchase of vans, motorbikes and scooters, and long-term car rentals for those on low incomes. These are the interventions that make up the Dpcm (decree of the president of the council), with a total value of just over 1.3 billion euro, released by the government after a wait that lasted almost a year.

As announced by the Minister for Enterprise and Made in Italy Adolfo Urso during the Festival of Economics in Trento, the Ministry of the Economy has given its agreement on the measure, which, after the final signature by the Prime Minister, should be forwarded to the Court of Auditors early next week.

The intervention is drawn from the Automotive Fund, which had been cut by more than EUR 4.5 billion in the manoeuvre two years ago, only to be replenished with EUR 200 million. The Dpcm uses the residual resources and covers a period up to 2030. The first drafts indicated a total figure of 1.6 billion, but surprisingly the Ministry of the Economy used 251 million to cover the fuel decree approved by the Council of Ministers on Friday. The endowment has therefore dropped to 1.35 billion. "However," says Urso, "in the Council of Ministers we reached an agreement to restore, as early as next July, the resources amounting to 251 million for the Fuel Decree. One hypothesis being studied is to recover the resources with the next remodulation of the NRP.

Approximately 70% of the funds included in the Dpcm will be allocated to the supply chain. The text that has been signed by the Economy for concert provides around 650 million for Innovation Agreements, aimed at research, development and innovation projects, and 300 million for mini development contracts, which should have characteristics more suited to small and medium-sized component companies.

The remaining 30 per cent goes to bonuses for end customers: EUR 180 million for commercial vehicles (categories N1 and N2) for SMEs in the goods transport sector; EUR 90 million for motorbikes, scooters, electric and hybrid powered quadricycles; about EUR 20 million for LPG/methane retrofits of cars; EUR 68 million for domestic recharging infrastructures. Approximately EUR 50 million is instead earmarked for an experimental programme of long-term social leasing, for individuals with an Isee income of less than EUR 30,000 and the obligation to scrap a vehicle up to Euro 4.

Emerging, according to Urso, 'is the line that we have indicated from the beginning, progressively shifting the axis from market subsidies to support for business investment, with instruments aimed at development, research, and productive reconversion.

The delay with which the measure is reaching the finishing line, as said almost a year compared to market expectations, can be interpreted in various ways. The frictions with the Tavares management of the Stellantis group had certainly not contributed to a rapid definition of resources. The advent of Italian governance, with CEO Antonio Filosa, and the recent announcement of e-cars at Pomigliano were considered by the government, however, to be positive signs. For its part, the Ministry of the Economy has probably in recent months been considering the possibility of using part of the resources for accounting emergencies, as demonstrated by the removal of the 251 million in the Fuel Decree.