Interest in electric cars continues to wane amid price volatility, CSO figures suggest

However, this decrease follows a period of rapid growth as the share of electric cars in the total number of new cars licensed grew from 1% in 2018 to 19% in 2023.

“The decision to reduce grants has had a detrimental effect on sales,” said Geotab vice president for Ireland and the UK David Savage. Pic: John Walton

The number of electric cars licensed since the start of 2024 dropped 4% compared to the same period a year earlier, suggesting interest continues to wane amid price volatility.

During the last four months, electric cars made up 13% of all new vehicles licensed for the first time this year, compared to 17% in the same period a year earlier, figures from the Central Statistics Office (CSO) showed.