Electric Vehicle sales dropped 24% in 2024
The number of new cars bought in 2024 was 121,195, according to the Society of the Irish Motor Industry.
The figure represents a slight decrease of 1% compared to 2023.
17,459 new electric cars were registered last year, a decrease of 24% in the registrations seen the previous year.
Petrol remained the most popular engine type for 2024, while electric, hybrid, and plug-in hybrid accounted for over 45% of the market.
Petrol – 30%
Diesel – 23%
Hybrid – 21%
Electric – 14%
Plug-in Hybrid – 10%
According to SIMI’s official figures, automatic transmissions now account for 66% of the market share, while manual transmissions have declined to 33.80%.
The hatchback continues to remain Ireland’s top-selling car body type of 2024. While grey has retained the top-selling colour title for the ninth year running.
“The new car market in 2024 was in line with the previous year, with new car registrations finishing at 121,195 units, slightly behind 2023,” said Brian Cooke, SIMI Director General.
“Commercial vehicles sales, underlining the growth in employment and activity across the Irish economy, were more positive with LCV registrations finishing 7% ahead of last year and HGVs up 8% on 2023.”
Mr Cooke said the key feature of the 2024 new car market was the decline in Electric Vehicle sales, a reduction of 24% compared to 2023.
“There has however been some tentative signs of a turnaround in EV sales towards the end of 2024, and the industry is anticipating an increase in EV sales in 2025.
“The start of the new registration period, 251, this week, is an optimistic time for the Irish Motor Industry. With the variety of incentives and offers from retailers and manufacturers it is a good time for customers to shop for a new or used car.”
Article Source – Electric Vehicle sales dropped 24% in 2024 – SIMI – RTE
