Mon Jul 3 2023 - 19:00
Electric vehicles appear to be well on the way to dominating the Irish car market, and that trend continued in June according to data from the Society of the Irish Motor Industry , the main lobby group for the sector. According to Simi, 1,441 new EVs were registered in June – a 666 per cent increase on the 188 in June 2022. That takes the total of new EVs registered this year to 14,307 – about 70 per cent more than had been handled at this time last year.
EVs, plug-in hybrids and regular hybrid cars now account for about 43 per cent of the Irish car market. That’s well ahead of the 31.9 per cent share of petrol and the 21.9 per cent share of diesel. Still, petrol is the dominant single category. That probably shouldn’t be surprising at this stage. Reports of issues with the nation’s EV charging infrastructure are ten a penny these days.
Car sales are one of those statistics that are interesting by themselves, but can also be a leading indicator of the health of an economy, or at least consumer confidence. After all, people feeling safe in their finances are much more likely to invest thousands of euro in a new car than someone concerned about the future.
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