Starting in 2025, the incentives for the purchase of cars in Italy they will be linked to origin of the components used in vehicles. According to the new directive proposed by the Minister of Business and Made in Italy, Adolfo Urso, at least the 40% of the components of a car will have to be produced within the European Union to be able to access state incentives. A criterion that aims to protect and support the European automotive industry, encouraging car manufacturers to favor European suppliers. The goal is not only to update the Italian car fleet, but also exclude electric cars from the market of Chinese manufacture.
Strengthen the Italian supply chain
The Italian government, through this initiative, intends strengthen the national industrial supply chain and European. The goal is not only to promote the purchase of more modern and environmentally friendly vehicles, but also to stimulate the local automotive industry. The measure seeks to counter the tendency of some car manufacturers to limit themselves to assembling components produced in non-European countries, especially China, while instead ensuring that a significant part of production remains within the EU. The new incentive system will be valid for three years.
Il Italian model is inspired by the French one, where President Emmanuel Macron has already introduced similar criteria to encourage national and European production. In parallel, the European Union imposed tariffs on Chinese electric cars to stem the invasion of low-cost vehicles, while Brussels is negotiating an agreement with China to avoid further trade tensions. Italy, with its new policy, seeks not only to protect the internal market but also to attract foreign investors, including Chinese manufacturers, offering an incentive to establish part of their production in Europe. Urso confirmed that discussions are underway with three Chinese car manufacturers for new production in the country. Among these, Dongfeng Motors, already a supplier of Dr of Isernia, is one of the main candidates. After August 200th, the Ministry of Enterprise (Mimit) will carry out a technical mission to Beijing to continue talks with other manufacturers such as BYD and Aiways. Furthermore, the ministry has identified over XNUMX brownfield sites for these investments. Among the concerns of Stellantis which has raised concerns about the entry of a second producer in Italy, fearing that it could aggravate an already difficult production situation. Stellantis itself, however, collaborates with the Chinese manufacturer Leapmotor, as underlined by the Minister.
Off to the Transition Plan 5.0 plan
Meanwhile, the Transition Plan 5.0, which marks a decisive step for Italy towards the digital and ecological transformation of its production system. This plan, which is part of a broader strategy of innovation and sustainability, puts a available to Italian companies 12,7 billion euros in the two-year period 2024-2025. Of these funds, 6,3 billion come from the European RePowerEU program, while the remaining 6,4 billion were allocated by the Italian budget law for the Transition 4.0 Plan.
How the Transition Plan 5.0 works
The Transition Plan 5.0 offers a tax credit to businesses who make investments aimed at reducing energy consumption and the digital transition. Eligible investments include tangible and intangible capital goods, systems for the self-production of renewable energy and staff training. The goal is to encourage a reduction in energy consumption 3% for production structures or 5% for processes affected by investments.
Tax credit details
The tax credit can reach amaximum rate of 45%, modulated based on the investment quota and the reduction in energy consumption achieved. The measure is accessible to all companies resident in Italy, regardless of the sector, size or territory, and can be cumulated with other national benefits. Companies wishing to benefit from the tax credit must follow a procedure divided into several phases, from booking the credit to placing orders, up to the presentation of the final certification.
The platform for booking incentives
From 12:00 on 7 August 2024, the IT platform managed by the Energy Services Manager (GSE) is operational for the booking of incentives. Businesses can access the platform via SPID and follow the instructions to complete the necessary documentation. Preventive communications and those relating to accepted orders will be evaluated based on the chronological order in which they were sent.
