Italy and e-mobility, a new era is dawning

The 43rd edition of the Forum in Cernobbio included the presentation of the e-Mobility Revolution: an extensive study of electric mobility compiled by The European House – Ambrosetti together with Enel’s Global Business Line e-Solutions. The report estimated potential revenues for the industry could exceed 300 billion euros by 2030

Published on 23 October 2017

Italy and e-mobility, a new era is dawning

The e-Mobility Revolution is here and now and is arriving also in Italy. There is huge potential for the sector of electric mobility in Italy: the market for electric vehicles and the production chain as a whole (transport, recharging infrastructure, ICT services, recycling and battery second life), is estimated to generate revenues of between 24 and 100 billion euros by 2025 and between 68 and 303 billion euros by 2030.

This is the scenario described in the report e-Mobility Revolution, compiled by The European House-Ambrosetti, in collaboration with Enel’s Global Business Line e-Solutions, and presented on 3 September on the final day of the Forum in Cernobbio at Villa d’Este on Lake Como, the international meeting where heads of state, institutions and big business have been coming together since 1975 to discuss the progress and trends in the global economy.

According to the report, Italy, with its strong manufacturing DNA, can continue to excel in the conventional car industry, the production of components, bodywork and interiors, and extend its range of activities to include new sectors, such as recharging systems and the electricity network, which could be worth an overall value of 180 billion euro by 2030.

For Francesco Venturini, Head of Enel X, Italy has a formidable opportunity and it must create the conditions to exploit the industrial knock-on effects of e-mobility. “It is necessary to take advantage of the components industry, in which Italy excels, and also of IT and electronicsport but also because they support the penetration of renewable energy in Italy. “The electric car, in so far as it is a mobile battery, is the ideal link between the production of renewables and new forms of mobility,” explained the head of Enel X. The new backup and storage systems, in fact, make the electric car into a “mobile battery on four wheels”, capab that play a huge role in the management of battery charging.”

The diffusion of electric cars, added Venturini, has a very significant impact in terms of sustainability, not only because of their contribution to the reduction of greenhouse gas emissions in transle not only of storing but also releasing energy through the V2G (Vehicle-to-Grid) technology developed by Enel, thus creating a circular pathway that can, on one hand help balance green energy production and on the other, make the sale of electricity more widespread.

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