Electric and plug-in models now account for 15% of new car sales

Total new car sales to the end of November were 104,564, up 19.2 per cent on this time last year,
Electric and plug-in models now account for 15% of new car sales

Michael McAleer

Electric and plug-in vehicles now account for over 15 per cent of new car sales. However, the motor industry has warned that changes to the grants for electric and plug-in vehicles will undermine efforts to meet targets set out in the Climate Action Plan.

Figures from the Society of the Irish Motor industry show registrations of all-electric vehicles make up 8.2 per cent of sales, up from 4.5 per cent this time last year, while plug-in hybrids account for 7.5 per cent of the new car market.

Grants

In October the Government announced that ¤2,500 grant for plug-in hybrid electric vehicles (PHEVs) will be removed from January 1st. The SEAI grant was already cut last July from €5,000 to €2,500.

Brian Cooke, Simi director general said: “It is simply too soon to start eroding the current EV supports, but the recent and sudden removal of the PHEV Grant sends a bad signal to motorists and the industry.

“It is not too late to reverse this, and we would again urge the Government to re-instate this support for those vehicles that the Industry and consumers have already committed to,” he said.

Sales rise

Total new car sales to the end of November were 104,564, up 19.2 per cent on this time last year, but 10.5 per cent down on pre-Covid 2019.

November's registrations - never a strong month for new car sales - stood at 1,131, up from 761 last year.

Toyota remains the best-selling new car brand with a 12.4 per cent market share, driven largely by the popularity of hybrid models which make up most of its fleet.

Volkswagen is second with a 12 per cent market share, followed by Hyundai with 10.3 per cent and Skoda with 8.6 per cent.

Best sellers

Hyundai’s Tucson is the best-selling model on the market with 5,466 registrations so far this year, ahead of the Toyota Corolla with 4,305 and the Toyota Yaris with 2,697.

Volkswagen’s ID.4 is the best-selling electric car with 1,426 registrations, followed by its sibling the ID.3 on 1,269. These are followed by the Kia Niro electric with 835 registrations and the Tesla Model 3 with 771.

BMW leads the market for plug-in hybrids, ahead of Kia and Volvo. The German brand’s X5 SUV is the bestseller in this market segment with 625 registrations, ahead of three models from Kia: the Ceed, Niro and Sorento.

The success of the X5 has helped push BMW into the overall lead at the premium end of the new car market BMW, with a 4.26 per cent market share, has overtaken Audi with 4.06 per cent.

In terms of buyers, there has been a noticeable recovery in the hire drive market, with 7,953 registrations so far this year, compared to just 2,916 this time last year.

 

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