Electric Vehicle Adoption Soars with 81% Increase in 2022
The Society of the Irish Motor Industry (SIMI) today released their official new vehicle registrations statistics for 2022. 15,678 new electric vehicles were registered in 2022 compared to 8,646 in 2021 (+81.3%) and 3,444 in 2019 (+355.2%).
DoneDeal’s ad view data for 2022 found that the country’s most in demand new car is electric, the Volkswagen ID.4.
The stats reflect a changing marketplace in 2022. Petrol accounted for 30.16%, Diesel 26.77%, Hybrid 19.29%, Electric 14.90%, and Plug-In Hybrid 6.76%. Petrol remains the most popular engine type for 2022, despite a decline in its market share last year (32.16%) while hybrid, electric and plug-in hybrid continued to gain market share in 2022 and now account for 41% of the market.
Brian Cooke, SIMI Director General commentated:
“Total new car registrations for 2022 were marginally ahead of 2021 but remain 10% behind that of 2019 (pre-Covid levels). Despite the re-opening of the economy and strong economic growth, 2022 was another challenging year for the Irish Motor Industry, with new car sales as well as commercial vehicles being impacted by supply constraints. On a more positive note, the electric car segment continues to grow strongly with 15,678 new electric cars registered in 2022, an increase of 81% on 2021. Looking forward to the new 231 registration period, retailers are reporting strong new car orders, which will also attract vital trade-ins for the used car market. Like the last two years, we again are expecting further growth in electric vehicles sales this year, however the extent of this growth will be determined not only by supply but also Government support in the EV project, both in terms of extending the current EV grant support and supporting investment in the national charging infrastructure. The combination of Government support and Industry investment is essential if we want to create an active used EV market in as short a timeframe as possible. We have a huge challenge in reaching emission reduction targets over the next decade and this can only be achieved with the right economic and taxation environment that support the sale of new low and zero emissions vehicles.”