Ecobonus: Subsidy for low-emission vehicles
Italy’s 2019 Budget Law (Law 30 December 2018, n. 145) established a fund for the provision of subsidies for the purchase or lease of low-emission vehicles (article 1, subsections 1041). The subsidy is granted under the following conditions:
-The low-emission vehicle is brand new and is destined to passenger transport.
-The low-emission vehicle is registered in Italy.
-The low-emission vehicle is purchased and registered between 1 August 2020 and 31 December 2021.
-The price of the low-emission vehicle has to be lower than EUR 50 000.
- The CO2 emissions produced by the vehicle cannot exceed 110 g/km.
The subsidy is higher if the consumer returns an old vehicle for scrapping. In particular, the subsidy is equal to:
-EUR 2,000 for vehicles emitting less than 60 g/km of CO2, EUR 1 000 without scrapping.
-EUR 1 500 for vehicles emitting more than 61 g/km of CO2 and less than 110 g/km of CO2, EUR 750 without scrapping.
The 2019 Budget Law allocated EUR 60 million for 2019 and EUR 70 million for 2020 and 2021 each. The Relaunch Decree (Decree-Law 19 May 2020, n. 34) increased 2020 fund up to EUR 170 million and 2021 fund up to EUR 270 million (article 44).
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