There’s still a long way to go, but electric vehicle sales continue to double


The trend seems to be set for car registrations. Each month, SIMI statistics show that battery electric vehicles (BEVs) are being purchased by significantly more people.

They also show that the combined registrations of electric vehicles, plug-in hybrids and hybrids account for almost half of all sales.

The number of battery electric cars (BEVs) is making headlines, but the volume of ordinary hybrid vehicles is significant and I think reflects people’s decision to maybe switch to all-electric cars next time.

Last month’s figures show that BEV registrations were double the corresponding period last year.

But perhaps even more important is the fact that BEV sales for the first four months of the year are well over double last year’s corresponding window.

The figures show that 1,286 BEVs were newly registered in April compared to 590 in April last year.

So far this year, however, 7,524 new electric cars have been registered, compared to 3,406 for the corresponding period in 2021.

As I mentioned before, BEVs, plug-in hybrids and hybrids continue to increase their market share and together now account for 44 percent of all cars on the market.

Looking at the bigger picture, new registrations for April were up 10 percent (7,886).

Registrations so far this year are up nearly 5 percent (57,776) compared to the same period last year (55,177).

However, they are 21 per cent behind (73,030) pre-Covid levels. The level of used car imports fell sharply in April (4,223) – a drop of more than 25 percent. And so far this year, imports are down 34 percent (15,864) to 24,095.

I was told that gas cars outsold diesels last time it was in 2009.

Well, it’s happened this year, with gasoline now accounting for 27 percent and diesel down to 26 percent.

Hybrids accounted for 23 percent, nearly a quarter of all cars purchased, with electric BEVs at 13 percent and plug-ins at 7 percent.

SIMI Director General Brian Cooke said that despite the increases, overall registrations were still 21 per cent below pre-Covid (2019) levels.

And he stressed the fact that a return to more normal new car sales levels will be hampered for now by both supply chain issues and uncertain global politics

“In the medium term, both high vehicle taxation and uncertainty about continued EV support have the potential to lead to continued suppression of demand for new vehicles,” he said.

“It will only do that
the ability to optimize the reduction of transport emissions is made more difficult.”

But the continued increase in BEV sales remains “the only positive thing on the new vehicle market”.

However, this was only possible because of SEAI grant supports for both car and home charging.

“Continuing this support is simply essential if we are to get close to the EV targets set out in the country’s climate action plan.”

The best-selling car brands in the year to date are: 1 Toyota, 2 Hyundai, 3 Kia, 4 Volkswagen, 5 Skoda.

And the five best car models since the beginning of the year are: 1. Hyundai Tucson, 2. Toyota Corolla, 3. Toyota C-HR, 4. Toyota Rav 4, 5. Toyota Yaris.

The best-selling electric vehicles so far this year are: 1 Hyundai Ioniq 5, 2 Volkswagen ID.4, 3 Kia EV6, 4 Nissan Leaf, 5 Tesla Model 3. There’s still a long way to go, but electric vehicle sales continue to double

Fry Electronics Team

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