EV Sales Drop 12.3% in October Despite Overall Car Market Growth
Dublin: The decline in new electric vehicle (EV) sales continued in October, falling 12.3% compared to the same month last year, despite a 10% growth in the overall car market. Year-to-date, 16,656 new EVs have been registered in Ireland, a 25.4% drop from last year. According to Brian Cooke, Director General of the Society of the Irish Motor Industry (Simi), this marks the ninth straight month of declining EV sales, highlighting the need for ongoing government support to encourage EV adoption.
Volkswagen and Hyundai have been notably affected, with EV sales down 37.5% year-on-year, while Skoda, Renault, Opel, Mini, and Cupra have seen over 50% declines. The VW ID.4 remains the best-selling EV at 1,502 units, although sales are down 48%, while Tesla’s Model 3 saw a 18.7% rise to 1,292 units. Overall, petrol vehicles lead the market at 30.79%, followed by diesel (22.94%), hybrids (20.99%), and plug-in hybrids (9.8%). EVs account for 13.9% of new car sales.
On a positive note, the commercial vehicle sector shows growth, with van sales up 8% and HGV sales up 10.4%, reflecting strong economic activity.
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