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 organisationā€™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

A Great Start To 2025 For Precision Cables

Fostering business growth through service excellence while also keeping community at its core are the keys to Precisionā€™s success. In...

Leadership Transition at Ei Electronics: Mick Guinee Hands Over the Reins

A Legacy of Excellence Continues with Incoming CEO Leo Clancy. After more than four decades at the helm of Ei...

Powering a Decade of Growth: Rexel Energy Solutions Turns 10

Country Manager Damien Phillips reflects on the journey, challenges, and future of renewable energy in Ireland. What inspired you to...

Powering the Future: What to Expect at Irelandā€™s AECI Electrical Trade Event in 2025 on May 28th

As the Irish electrical industry continues to evolve, professionals from across the sector will gather in Dublin on May...

STIEBEL ELTRON Electric Panel Heaters for where the Landlord pays the Bill

CNS Trend NC are designed for where the user is not the bill payer. Tamper proof and Lot 20...

Ledburn Cables Announces Management Buyout

Ledburn Cables, a trusted name in the electrical industry since its founding in 2005 by David Blagburn and Jack...

Must read

AP Haslam – Certified products and services for Hazardous Areas

The workshop at AP Haslam Ltd. has been providing...

Legrand opens new showroom in Ireland

Legrand enhances its presence in Ireland with a state-of-the-art...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you