Subsidies for companies switching to electric: how to take advantage of them

The adoption of electric vehicles in corporate fleets is becoming an increasingly beneficial choice, not only to reduce environmental impact, but also to take advantage of the many tax breaks and government incentives available.

With the growing focus on sustainability and green mobility, switching to electric offers significant benefits to companies. But how can companies take advantage of them? Here is an analysis of the main opportunities.

Tax incentives and deductions

In Italy, one of the most relevant incentives for companies that choose electric vehicles is the tax credit. This allows companies to recover a percentage of the cost of purchasing zero-emission vehicles, with benefits that vary depending on the type of vehicle and the size of the company.

Small and medium-sized enterprises (SMEs) can get deductions on expenses incurred for the purchase of electric cars, while larger companies can enjoy tax credits related to the adoption of green technology solutions.

In addition, stamp tax exemptions are another popular incentive. Companies that purchase electric vehicles are eligible for relief on vehicle stamp duty, representing additional annual savings on company vehicle operating costs.

Another tax benefit concerns the4 percent VAT on the purchase of electric vehicles, a reduced rate compared to the normal 22 percent applied to traditional cars. This allows companies to significantly lower the purchase cost, making the investment in electric mobility even more affordable.

Employee Fringe Benefits

Another opportunity for companies adopting electric vehicles concerns fringe benefits. New tax provisions allow companies to provide their employees with the option of using electric company cars with favorable tax treatment.

Specifically, as of 2025, electric vehicle charging may be considered a tax-free benefit, allowing companies to offer an economic benefit to their employees without burdening their budgets.

Access to restricted traffic zones (ZTL) and dedicated parking spaces

Companies using electric vehicles can benefit in many cities from access to restricted traffic zones (ZTLs). Some of these areas have dedicated parking spaces, as well as charging stations.

Italian cities are providing incentives for free or discounted entry and parking for electric vehicles, offering companies the opportunity to optimize logistics operations, reduce time and cut costs associated with travel.

Operating cost savings

Switching to electric also means a significant reduction in the cost of operating company vehicles. Electric cars have - on average - lower maintenance costs than internal combustion vehicles because they require less mechanical work.

In addition, energy costs for charging are generally lower than fuel costs, resulting in significant savings especially for corporate fleets that travel many miles each year.

Support for ecological transition

Companies that embark on the green transition path, including investments in sustainable mobility, can access funding and facilities from theEuropean Union.

Starting with the National Recovery and Resilience Plan (NRP), in fact, dedicated funds have been made available for the purchase of green technologies and the promotion of environmentally friendly solutions.

Benefits for corporate image

Investing in electric is not only about reducing costs, but also about improvinga company's image. Being perceived as a responsible and sustainable company is a value that can make all the difference, especially in a context where consumers are increasingly attentive to the environmental aspects of the companies they interact with.

An electric car fleet is a clear sign of commitment to the environment and sustainable mobility, something that can attract new customers and retain existing ones.

How to take advantage of it: next steps

For companies that want to take advantage of these benefits, the first step is to inquire about the details of the tax incentives and benefits provided by law.

An experienced tax advisor or accountant can help optimize the management of these benefits, while the adoption of an electric enterprise mobility management platform can simplify the planning and implementation of charging solutions.

In this context, Powy supports companies in the installation and management of electric vehicle charging stations. With tailored services, it facilitates the transition to sustainable and efficient mobility.

📩 Contact Powy today to discover the best charging solutions for your business!

Disclaimer: The information provided in this article is approximate and may change due to local regulations or future legislative changes. It is always advisable to consult the most up-to-date sources for complete details on available benefits.

About Powy

Powy is a company that owns, develops and operates Italy's leading independent network of public charging infrastructure for electric vehicles, with a growing presence in Spain as well.

Founded in Turin, Italy in 2018, Powy is at the center of the transition to more sustainable mobility, offering an innovative charging infrastructure that uses only 100 percent renewable energy.

Powy 's network includes quick, fast, and ultra-fast charging solutions strategically placed in public and private parking lots, supermarkets, shopping malls, and transportation hubs to ensure maximum convenience and accessibility for EV drivers. Each station is equipped with advanced technologies to provide a reliable and efficient charging experience.

Learn more: wpowy.energy