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E-mobility: Starace at Forum Ambrosetti

E-mobility: opportunity for industrial growth and increase in employment rates in Italy
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Electro mobility represents an unmissable opportunity for industrial growth and increase in employment rates in Italy. As Enel’s CEO Francesco Starace has stated on many occasions, the ability to understand these dynamics means being able to seize the opportunities offered by this ongoing revolution. This logic is also confirmed by the study “e-Mobility Revolution”, which the Enel Group recently carried out in collaboration with The European House – Ambrosetti.

The findings of the study were presented at the 2017 Forum Ambrosetti at a press conference attended by Francesco Starace, Patrizia Grieco (Chairman of Enel), and Francesco Venturini (Director of Global e-Solutions at Enel). They were joined by Maria Chiara Carrozza (member of the III Commission “Foreign and Community Affairs Committee” of the Chamber of Deputies) and Valerio De Molli (Managing Partner of The European House-Ambrosetti).

The study reveals how e-mobility is already a rapidly-growing business on a global scale: between 2005 and 2016, the number of electric and plug-in hybrid cars grew at an average annual rate of 94% in terms of stock (exceeding 2 million units in 2016) and at a rate of 72% in terms of new registrations. China leads the market, with almost 649,000 e-cars in circulation in 2016, while Norway is the best performer as regards electric vehicle market penetration, with a market share of 5.11% of the total number of cars in circulation.

Between 2005 and 2016, Italy also registered an average annual growth rate in the number of registrations for electric cars of 41%, with 9,820 vehicles on the road in 2016 (+60% on the previous year). Collaboration between Enel and The European House – Ambrosetti has also involved the implementation of monitoring tools such as the Electric Transport Index (ETI) and mapping, which make it possible to highlight the high development potential of e-mobility in the regions of southern Italy, and its related industrial effects: overall, this impacts on approximately 160,000 businesses and 823,000 employees.

The prospects are promising but the road ahead is still long. Francesco Starace pointed out that, according to estimated figures, the extended network of electro mobility in Italy in 2030 could be worth from 68 to 303 billion euros in turnover: the policymakers must, however, adopt a mid-long term perspective on the issue, targeted at development of the recharging network and support of research. “In Italy, there is already a completely digitalized electric network which is ready for the market diffusion of the electric car industry, but there is a lack of infrastructures, in other words, of charging points,” the CEO explained as he announced that Enel was ready to invest “from 100 to 300 million euros over the next three years” for new charging stations (“between 7,000 and 12,000”).

 

Enel editorial staff