NEWS: Italy has approved new subsidies worth almost $700 million for the purchase of EVs. The ministry will offer up to 10,000 euros ($11,650 USD) to individuals and up to 20,000 euros to small firms, covering up to 30% of the total purchase price of a new electric car or commercial vehicle. To qualify, users will be required to scrap an internal combustion vehicle of up to the Euro 5 emission class, dating from 2015 or earlier, the ministry said.

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