Chip shortage continues to impact car sales

The market for electric vehicles is predicted to be heavily impacted this year by the recent removal of the €2,500 Plug-In Hybrid Electric Vehicle grant

Ireland and Britain have seen a surge in electric vehicles sales.

New car sales in Britain have slumped due to the impact of the pandemic and a worldwide shortage of semiconductor chips.

The scarcity of the devices, together with the impact of Covid-19 has caused new car registrations to dive by 28.7%, compared to the 2.3m registrations in 2019, making it the second worst year for the market since 1992.