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2024 Irish EV Sales

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Comments

  • Registered Users, Registered Users 2 Posts: 12,990 ✭✭✭✭tom1ie


    I thought the idea was to get as many people as possible into EVs for environmental reasons no?
    Provide better longer warranties on used EVs and more people will be interested which keeps used EV prices higher, insulating new EV buyers from massive depreciation losses.



  • Registered Users, Registered Users 2 Posts: 1,457 ✭✭✭SharkMX


    PCP is behind the rise in prices. Easy access to credit for all.



  • Registered Users, Registered Users 2 Posts: 12,990 ✭✭✭✭tom1ie


    It is a problem if you need the range though



  • Registered Users, Registered Users 2 Posts: 3,640 ✭✭✭orangerhyme


    Apparently the range of the F150 lightning is why it's sales have been disappointing.

    But that's for Americans in rural areas who drive big distances in cold weather.

    The majority of irish people travel small distances with the odd long trip.

    I think a lot of Irish consumers are anticipating the next gen of cars like BYD, Skoda, Citroen which will be affordable.

    So I think the current sales drop is just a blip.



  • Moderators, Motoring & Transport Moderators, Regional East Moderators, Paid Member Posts: 6,532 Mod ✭✭✭✭liamog


    This is a thread about 2024 Irish EV sales which is based on the number of new sales this year. If you want to start a thread about incentivising used sales do so.

    I don't think the reported depreciation losses of the last 12 months have been caused by lack of interest in used EVs. People simply didn't want to pay a high price for a used car just because the original purchaser bought it at the height of the inflated prices. People who buy new cars should be expecting to lose 12-15% per year. If they aren't prepared to accept that level of loss on a new car then they shouldn't buy one irrespective of the drivetrain.



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  • Registered Users, Registered Users 2 Posts: 4,523 ✭✭✭sk8board


    I think the biggest indicator of the current health of the new EV market can be seen in the large drop in sales for the ID4 and the MY. Chopping about 20% off the price of a car and having plenty stock would ordinarily shift units easily, but it isn’t at all.

    Most of those ID4 sales are on VW’s PCP offers too, which will mask some market sentiment - people prepared to swallow their misgivings in favour of better monthlies and a 241 car.



  • Registered Users, Registered Users 2, Paid Member Posts: 21,851 ✭✭✭✭Cyrus


    what are car sales like generally? Is the overall market on par with last year and it's just evs lower?

    I'd imagine the percentage of Id4s on pcp isn't any higher or lower than their ice offerings to be fair.

    Apropos of nothing saw a model y taxi today they must have resolved the window tint issue.



  • Registered Users, Registered Users 2 Posts: 958 ✭✭✭3d4life


    "I think the biggest indicator of the current health of the new EV market
    can be seen in the large drop in sales for the ID4 and the MY."

    Hmm, yup…..seems 6k off MY in Germany…not clear if its just for quarter end or if its ongoing



  • Registered Users, Registered Users 2 Posts: 4,523 ✭✭✭sk8board


    Non-EV sales in 2024 are +11%, while pure EV sales are down 22% for Jan-May, but down 40% in each of Mar/Apr/May, on lower volumes obviously



  • Registered Users, Registered Users 2 Posts: 30,235 ✭✭✭✭TitianGerm


    Tesla haven't made the q end deliveries yet and there were delays in getting ID4s into the country in April and early may. Now dealers are holding onto the cars until July for customers for the new reg plates.



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  • Registered Users, Registered Users 2 Posts: 4,523 ✭✭✭sk8board


    It was a similar pattern last year - July 2023 was the highest sales month of the year for EVs, so annual growth will be hard this year even if there’s a lot of delayed deliveries



  • Registered Users, Registered Users 2 Posts: 12,256 ✭✭✭✭Oscar_Madison
    #MEGA MAKE EUROPE GREAT AGAIN


    yeah just as things might look to be settling down after the market adjusted from over demand under supply throughout COVID, we now have another aspect that may drive some prices back up again - great!



  • Posts: 4,333 ✭✭✭ Romina Fluffy Thimble


    It is great, China should not be allowed to destroy the worlds car market with government subsided vehicles to create an unfair advantage



  • Registered Users, Registered Users 2 Posts: 12,256 ✭✭✭✭Oscar_Madison
    #MEGA MAKE EUROPE GREAT AGAIN


    Maybe so but on the other hand, the consumer doesn’t want over inflated prices for cars either. Two wrongs don’t make a right here- are manufacturers willing to reduce profits? Are governments. especially Irish government, willing to reduce revenue on cars?
    And what about the parts that are made in China for other car manufacturers? Might China impose an exit tax on those parts leaving China?
    All that this is going to do is add to a trade war - the politicians will talk big but at the end of the day the consumer will suffer.



  • Registered Users, Registered Users 2 Posts: 4,636 ✭✭✭Harika


    The tariffs are long expected, that's why BYD is building a factory in Hungary to avoid those. Will there be counter sanctions? Likely but minimal.



  • Posts: 4,333 ✭✭✭ Romina Fluffy Thimble


    That won't make an ounce of difference if this report as expected proves state subsidies. They will target them another way, all the parts flown in from china to build the vehicles.

    If the EU really want to take action BYD building a factory in Hungary is not going to solve it



  • Registered Users, Registered Users 2 Posts: 16,354 ✭✭✭✭Flinty997


    The factories being located in EU keeps a lot of Jobs and trade in the EU. That will be the bigger part of this. You can already see EU countries with unemployment issues scrambling to get Chinese factors in.



  • Registered Users, Registered Users 2 Posts: 1,725 ✭✭✭traco


    The range / charging mantra is grist to the mill for the media and clicks yet I think that could be flipped on its head although the Chinese tariffs have probably killed the angle.

    We all know the complaining that range isn't enough - thats fine and if dropping 40k+ on a new car I can see why people see it as an issue even if I don't.

    However if you could get the BYD Seagul thingy with its claimed 300kms range and Chineses USD10k price tag here and OTR in Ireland for 12-15k new then I think you would see a huge uptake. A real world range of 200kms for a cheap small car would tick most of the boxes for most people as a second run around car. For elderly people in the city and the country it would be ideal as lets face it the cars generally run around to shops and friends etc. Couple that with a proper insurance framework that didn't make insuring two cars a nightmare people could even keep their old ICE for their circuit of Ireland holiday trip or whatever.

    I know that wouldn't suit everyone but it could suit those with driveways and stand alone houses. At the end of the day if the government see an increase in EV use as a critical part of their plans then who cares how you get there once you get there.

    I'd even venture further and suggest that a 100/100 EV small car (AKA Fiesta Mk1 size) for sub 10k could be a game changer. BTW 100/100 would be 100kms at 100kph in wind and rain. Anyone my age will know that the Fiesta everywhere in rural Ireland in the late 70's and 80's. Cheap, ecconomical, reliable private transport.

    I am not convinced about grants etc as they always seem to impact the market at some point in an unintended way. If the product is good enough and price point matches them people will see the value propoistion and change if it suits for financial reasons.



  • Registered Users, Registered Users 2, Paid Member Posts: 21,851 ✭✭✭✭Cyrus


    wont matter how cheap a low range car is youll still have the constant moaning abour range



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  • Registered Users, Registered Users 2 Posts: 1,725 ✭✭✭traco


    But at least we can reply with "What do you expect for the price??"



  • Registered Users, Registered Users 2 Posts: 16,354 ✭✭✭✭Flinty997


    There are different types of super mini class cars. Those that have them as city runabout, 2nd car for local journey. There are also those who have it as their first or only car. They'll use it for long journeys. There will be those with no home charging, or in an area poor public charging availability.

    But you know they have a choice. There will always be a ICE alternative if they don't want a BEV. If you want an ICE just go buy one. Nothing wrong with either choice. IMO.



  • Registered Users, Registered Users 2 Posts: 1,725 ✭✭✭traco


    Totally agree. I just checked the new cars tab on carzone and selected lowest to highest. Looks like (based on my 30 seconds research) that the Dacia Sandero Hatchback is the cheapest entry car at €16,190.00

    The point I was poorly making above was that a low cost EV based on USD10k in China would be a very attractive option here at 12.5-15k and would have the potential to gather interest. I wasn't saying people should buy one but the point I was hoping to make was that at a price point like that and the low running costs it might be a lot more attractive as an EV entry point. I think a 100km/100kph car at sub 10k would be an even better proposition although I don't see it happening anytime soon.



  • Registered Users, Registered Users 2 Posts: 2,046 ✭✭✭djan


    You can't really compare the cost of Chinese made cars sold on the Chinese market. Dealers often take 1-2k margins, add to that documentation and transport. Additionally, there's the very costly homologation for the EU market including the associated equipment and crash resistance upgrades and you get a substantially higher price regardless of any government intervention.



  • Registered Users, Registered Users 2 Posts: 407 ✭✭Gerrymandering reborn


    Also the suggestion that EV sales are down because there aren't small size hatchbacks aren't for sale is a load of nonsense. People need to learn to accept that EVs aren't the silver billet that everyone thought they would be. They are perfect in certain circumstances, not all circumstances like ICE is



  • Registered Users, Registered Users 2, Paid Member Posts: 21,851 ✭✭✭✭Cyrus


    luckily we have you here to explain it all to us Gerry.



  • Moderators, Motoring & Transport Moderators, Regional East Moderators, Paid Member Posts: 6,532 Mod ✭✭✭✭liamog


    Do you have an explanation for why EVs have suddenly become less useful as of September 2023? The sales numbers show that something changed and you seem to be clued in to just why the cars became less than perfect.



  • Registered Users, Registered Users 2 Posts: 16,354 ✭✭✭✭Flinty997


    The suggestion I think was a cheap basic EV is attractive for people who want an EV.
    Not that it's effected sales figures.

    Personally I got rid of one of my ICE cars because it didn't suit lots of short urban journeys. So not perfect for everything.



  • Registered Users, Registered Users 2 Posts: 407 ✭✭Gerrymandering reborn


    Your right, that makes sense. An EV is much better than an ICE in your situation



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  • Registered Users, Registered Users 2 Posts: 407 ✭✭Gerrymandering reborn


    I never said they were less useful. I think a saturation stage has been reached with the pent up demand of the EVs of the last few years. No car or technology is perfect. But something is definitely gone wrong with EVs if they can't hold sales



This discussion has been closed.
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