Car Sales Decline, EV Market Stagnates; Breakthrough Heart Failure Monitoring Technology

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Car Sales Decline, EV Market Stagnates; Breakthrough Heart Failure Monitoring Technology
Technology,Health,CAR SALES

The Irish car market saw a decline in overall sales in 2024, with electric vehicle sales taking a particularly significant hit. An expert discusses affordable EV options amidst the trend reversal. The podcast also features an Irish MedTech company developing a revolutionary device for monitoring heart failure.

Figures for 2024 showed a 1 percent decline in total car sales across the Irish market versus 2023. But the number of electric vehicles sold reduced by almost 24 percent with just 17,459 registered. This is against the backdrop of a government target to have one million EVs on Irish roads by 2030 as we phase out the use of fossil fuels.

Neil Briscoe, who writes extensively about motoring for the Irish Times, joined host Ciarán Hancock to go through some of the affordable options for those looking to buy, and explain why sales of EVs went into reverse last year. In part two of the podcast, we hear from Conor Hanley, chief executive and president of Fire1, an Irish MedTech company that this week raised $120 million to fund final clinical stage trials in the US for a device which helps monitor heart failure. He joined Ciarán in studio to explain why he thinks the technology is a major breakthrough for the many millions of people who suffer from this potentially life-threatening condition

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