Electric car sales surge by 542% as traditional market stalls

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Electric car sales surge while traditional market stalls

The switch to electric motoring appears to be moving into the fast lane with new figures showing electric car sales have risen by 542 per cent since the start of the year.

“The Government is playing its part with a wide range of incentives supporting the purchase of electric vehicles and an investment of €10 million in a significant expansion of the public charging network.” Registrations for the year to date are also down by 12.2 per cent at 47,425 compared with last year .The slowdown in new car sales here has been linked to the Brexit-related slide in sterling.

That said, the Simi figures show imported used cars for February were slightly down on February 2018 and year-to-date are down by 0.5 per cent at 17,865.

 

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How many people realise your household electric bills will double when charging the smallest of electric cars?

Much of it driven by government subsidy. Sales fall off dramatically when subsidies end.

Good I'll be able to buy one in 4 or 5 years time when some other mug has taken the massive depreciation hit.

AndrewBellBNN Except, who pays for the road upkeep with electric cars? It is poorer people who cannot afford to buy electric cars that pay for the roads, so that richer people who can afford to pay for the already tax payer subsidized electric cars, can drive on them, tax free.

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