2024 incentives for electric cars sold out in less than a day

2024 incentives for electric cars sold out in less than a day
2024 incentives for electric cars sold out in less than a day

Over 8 months to wait for them to be made operational, less than 8 hours to see funds ran out. Incentives for the purchase of new electric cars are indeed finished on June 3, 2024the opening day of the portal managed by Invitalia which allowed dealers to upload orders to access the expected funds. The expected 240 million euros evaporated, with many requests remaining unanswered precisely because there are no longer any funds. However, they still remain available for the ranges between 21-60 g of Co2, typically plug-in hybrid cars and those between 61-135, which include full and mild hybrids.

Distribution of incentives

The largest portion of the discount is undoubtedly reserved for new electric cars: at the same time as the scrapping of a polluting vehicle and an ISEE of less than 30 thousand euros, one could save up to 13,750 on the list price. This is the maximum bonus that can be reached after the decree has been published in the Official Journal on 20 May 2024. Below is a summary table of bands and incentives.

Emission range 0-20g CO2 sold out 0-20g CO2 sold out 21-60g CO2 21-60g CO2 61-135g CO2
No scrapping 6,000 7,500 4,000 5,000 0
Scrapping up to Euro 2 11,000 13,750 8,000 10,000 3,000
Euro 3 scrapping 10,000 12,500 6,000 7,500 2,000
Euro 4 scrapping 9,000 11,250 5,500 6,875 1,500
Maximum vehicle price excluding VAT 35,000 35,000 45,000 45,000 35,000
Isee ISEE > 30,000 Isee ISEE > 30,000 Isee Any

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