Ecobonus is the measure promoted by the Ministry of Economic Development that offers contributions in Italy for the purchase of low-emission vehicles, as provided for by the Budget Law 2019.
Since January 2020, it has been possible to book contributions for cars (M1 vehicles) and demands will be accepted until June 30th 2020. They have allocated almost 40 million Euros for this second phase, an amount that results in incentives for electric and hybrid cars from 1,500 to 6,000 Euros. The discriminant consists in the different characteristics of the vehicle and in the scrapping of a previous vehicle.
To receive the contributions, the purchased cars must mandatorily feature various characteristics: they must be new, from the factory, they must release CO2 emissions under 70 g/km, they must have been bought and registered in Italy from March 1st to December 31st at a list price under 50,000 Euros, options included.
The state contribution is concretized through compensation with the purchase price of the new electric or hybrid vehicle.