NewsEIFIElectric Vehicles are the Beacon of Light in Lacklustre...

Electric Vehicles are the Beacon of Light in Lacklustre 2019 Car Sales

-

- Advertisment -

2019 was a disappointing year for car sales in Ireland & the UK with new car registrations down by 6.8% and 2.4% respectively. The beacon of light in the industry was electric car sales & it was a transformative year for the EV. It’s the year the EV took a meaningful place in the industry, came in from the fringes and there are many reasons for this. Ireland saw an overall increase of 68% in the overall category with BEVs (pure electric) experiencing an impressive 179% increase on 2018.

Serious investment has been channelled into EV’s by the major car manufacturers. Range has been signifi cantly improved in the newest EV models. Rising by approximately 20% per annum since 2011, range has been steadily increasing. 2019 saw the top end range reach 539kms, but as market demand continues at pace we will undoubtedly see continued improvements on these distances.

Globally, the top selling EV’s of 2019 include the Tesla Model 3,Kia Niro, Mitsubishi Outlander, and the Nissan Leaf. 2019 saw lengthy waiting lists for some EV models, and in a car market that has otherwise stalled, this is a significant. Tesla finished out the year exceeding it’s Q4 projected deliveries, while Kia ramped up supply of the e-Niro to meet the demands of their waiting lists.

“The whole market is moving toward electrification this year,” says Devin Lindsay of analytics firm IHS Markit. In just ten years from now Volkswagon plans for 40% of it’s total sales to be electric. Ford invested over $10 million in Rivian, the electric truck start-up that hit the headlines supplying a new electric fleet for Amazon. At the luxury end, Ford also brought it’s all-electric Mustang Mach-E SUV to market with much fanfare, a rival to EV super power Tesla’s Cybertruck. Apart from these high performance EV’s, what the market needed was more choice in the affordable mainstream bracket of the market.

With the Kia Niro, and the Tesla Model 3 winning prestigious Car of the Year awards in Ireland and the UK respectively, it is safe to say the EV is buoying up an uncertain automotive market. Industry has recognized consumer appetite for choice, and are responding with at least 23 new pure electric (BEV) models to hit showrooms in 2020. Government policies all over the globe now demand that fossil fuelled vehiclesare phased out, in favour of cleaner, more environmentally sustainable electric vehicles. The trifecta of consumer demand, manufacturing technology and political will has aligned, so that the EV market is the one strong pillar in automotive sales as we move through 2020.

To discuss your organisation’s EV Charging requirements, speak to a technical specialist at Garo on 01 8665360 or email sales@garo.ie www.garo.ie

Colin Sherlock
Colin Sherlock
Colin is the General Manager of Electric.ie
spot_imgspot_imgspot_img

Latest News

Electric.ie New Video Advert

Electricians, engineers, consultants, architects and electrical wholesalers across the country regularly receive our magazine, ensuring it reaches every corner...

Take your shot: Schneider Electric kicks off ‘Score to Win 26’ football competition

Schneider Electric has launched ‘Score to Win 26’, a football-themed competition designed to engage electricians and contractors through interactive...

RS Group completes acquisition of automation and control specialist, BPX Group

Strategy acquisition strengthens RS Group’s product technical capabilities in automation and control, enhancing its presence and reach within the UK and Ireland markets. RS Group, a high-service global product and service solutions...

The importance of Standards

A standard is an agreed way of making a product, managing a process, delivering a service or supplying materials.  Standards...

AP Haslam Employee Katie Sheldon Making Her Mark in World Darts

The Dublin electrical distributor team member balances life in electrical distribution with appearances at the Women’s World Matchplay and...

CEF – Commercial Manager

CEF are seeking an experienced and commercially astute Commercial Manager to play a key role in shaping and delivering...

Must read

CEF – Commercial Manager

CEF are seeking an experienced and commercially astute Commercial...

Schneider Electric Appoints Rhonda Doyle as Country President for Ireland

Former VP of Customer Operations for UK and Ireland...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you