Battery electric car sales have stalled in Ireland and elsewhere in 2024, but overall car sales have accelerated with increases in the sales of hybrid electric vehicles, plug-in hybrid electric vehicles and conventional petrol and diesel vehicles. Data from the Society of the Irish Motor Industry showed total car registrations up 5.95% from January to April 2024 compared to the same period in 2023, but battery electric car sales are down by 22.72%.
From RTÉ Radio 1's Today with Claire Byrne, motoring journalist Michael Sheridan on the advantages and disadvantages of hybrid cars versus electric cars We need your consent to load this rte-player contentWe use rte-player to manage extra content that can set cookies on your device and collect data about your activity. Please review their details and accept them to load the content.Manage Preferences
5 big factors in the hybrid vs electric debate Price In the past 18 months, the price of the Tesla Model 3 Standard Range has dropped from €54,800 in December 2022 to €41,823 in December 2023 to €38,605 this month of May 2024, These price drops are unlikely to continue, but we are likely to see lower-priced models in the near future.
These price drops have impacted the trade-in values of all electric cars and used car dealers in Ireland have been slow to take them in. The price cuts have made the finances very difficult for the likes of car rental company Hertz, who went all in on purchasing a very large number of Teslas and then lost their shirt when the car maker aggressively cut the price and customers were not renting in the desired volumes.
The Tesla Model 3 Standard Range sells for €38,605, the Hyundai Kona BEV at €40,995, the VW ID.3 at €37,210, all not that far off the price range of hybrid vehicles such as the Hyundai Kona HEV at €35,795, the Toyota Corolla HEV at €35,255 or a petrol VW Golf at €34,300. From RTÉ Radio 1's Today with Claire Byrne, RTÉ Business reporter Adam Maguire on the rise of Chinese electric vehicles on Irish roads
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Source: IrishMirror - 🏆 4. / 98 Read more »