“New Car Registrations Surge in Ireland; Electric Vehicle Growth Continues”

Dublin: In January of the new year, Ireland witnessed a remarkable 24% increase in new vehicle registrations compared to the same period last year, according to recent data from the Central Statistics Office (CSO). The figures indicate a significant rise from 16,787 cars registered in January last year to 20,861 cars hitting the road this January.

The CSO report highlights a continued trend of growth in electric and plug-in hybrid vehicle registrations. Specifically, there has been a notable 12% increase in the number of electric cars, with 2,829 electric vehicles being registered in January 2024 alone.

However, the CSO notes a slight decrease in the proportion of electric cars compared to the total number of vehicles registered in January, dropping by one percent from the previous year’s 15%.

The statistics also reveal substantial increases in the registration of petrol and diesel cars, with 6,119 new petrol cars and 4,337 new diesel cars licenced in January 2024, compared to 5,819 and 3,427 respectively, in January last year. Moreover, there has been a significant uptick in the importation of used cars, with 4,600 used cars arriving in Ireland in January 2024, representing a 30% increase from January 2023.

Among the new car registrations, Toyota emerged as the most popular brand, with 4,113 new cars registered, followed by Hyundai with 2,699 registrations. Noteworthy models include the Hyundai Kona, which led in electric car registrations with 320 units, followed by the Volkswagen ID.4, MG4, and Volkswagen ID.3, reflecting the growing demand for electric vehicles in the Irish market.

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