New car registrations drop 50% in June, with just 692 electric cars registered
In In June Sales 1,400 From Electric Month Than Car During Fell More To 692 Same 2023 The
New car registrations in June dropped 50% compared to the same period last year, with electric cars seeing a major decrease to under 700, new data shows.
According to the Society of the Irish Motor Industry (SIMI), new car registrations during the month stood at 1,499 down from 2,990 in June 2023. There were just 692 new electric cars registered during June, down from 1,432.
From January to June, a total of 10,747 new electric cars were registered, marking a 25% decrease year-on-year.
Director general of SIMI Brian Cooke said the decline of the electric car market “continues to highlight the need” for the Government to support the transition to these cars.
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So far this year, the top selling electric car is the Volkswagen ID.4, followed by Tesla's Model Y. June's top selling car was the Tesla Model 3.
While the pace of total car registrations slowed down significantly during last month, they are up 1.7% to just under 79,000 over the course of the first six months of the year.
June was also the last month before the rollover to the new 242 licence plates, which often provides a mid-year bump to the motor sales market.
Mr Cooke said retailers “remain optimistic” new models coming to the market “along with a variety of attractive offers” will help to boost sales activity in July.
During the first six months of the year, petrol cars accounted for close to 33% of new cars registered, with diesel accounting for nearly 23%.
Petrol-electric hybrids account for 20% of the market while fully electric hold 13.6% of the market, with plug-in hybrids holding nearly 9%.