Transportation
European Car Sales Gain as Italy’s EV Subsidies Draw Buyers
- June sales rise 3.6% as EV demand more than doubles in Italy
- Battery-car sales across the region continue to disappoint
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European car sales rose in June after a surge in demand for electric cars in Italy as Prime Minister Giorgia Meloni’s government introduced long-expected subsidies.
New-car registrations climbed 3.6% to 1.31 million units last month compared to a year ago, the European Automobile Manufacturers’ Association said Thursday. EV sales in the region were flat after a slump in Germany and France offset the gain in Italy, where deliveries more than doubled. Across Europe, market share for battery-powered cars declined slightly.