Budget 2023: SIMI pleads for the extension of aid to Electric Vehicles
The Irish Motor Industry Society (SIMI), released official figures of 222 new vehicle registrations for August and are calling on the government to expand support for electric vehicles in the next budget.
New car registrations in August increased by 36.7% (8,157) compared to August 2021 (5,966). Year-to-date enrollment is down 1.2% (95,183) from the same period last year (96,296) and 14% (110,527) behind levels from before Covid.
Light commercial vehicles (LCVs) are down 28.3% (2,134) from August last year (2,978) and year-to-date are down 22 .3% (19,228). Registrations of heavy goods vehicles (Poids Poids Lourds) are up by 32.4% (249) compared to August 2021 (188). Since the beginning of the year, heavy goods vehicles are down 5.5% (1,924).
Used car imports for August (4,769) were down 6.3% from August 2021 (5,089). Since the start of the year, imports are down 28.4% (33,084) compared to 2021 (46,186).
For the month of August, 1,493 new electric vehicles were registered compared to 824 in August 2021. So far this year, 12,665 new electric cars have been registered compared to 7,049 in the same period of 2021, an increase of 80 %.
Electric, plug-in hybrid and hybrid vehicles continue to increase their market share, with a combined market share now at 40.41%. Gasoline continues to dominate with 30.09%, diesel 27.2%, hybrid 20.32%, electric 13.31% and plug-in electric hybrid 6.78%.
Commenting on new vehicle registrations Brian Cooke, SIMI’s Managing Director said: “While new car sales showed some improvement during August, year to date sales are still slightly behind last year and 14% below pre-Covid 2019 levels, with supply chain issues still hampering new and used car markets.
“The sale of new electric vehicles continues to be the only positive feature of the overall market, with an annual growth of 80%. However, it should be emphasized that we are still in the very early stages of the vehicle project. electricity and that we still have a long way to go to meet the ambitious targets of the government’s climate action plan.
“In this context, it is essential that the government supports both consumers and businesses by extending incentives for electric vehicles to current levels in the next budget. By doing so, we can help secure a greater supply of EVs for the Irish market, increase sales of new EVs in the near term, and create an active market for used EVs, which will make an electric vehicle affordable for a greater number of motorists.
“Furthermore, if we want to speed up the removal of the oldest and most emitting vehicles from the national fleet, the government should refrain from any further tax increases. This would encourage activity in the new car markets and used, allowing motorists to upgrade to a newer, cleaner or newer, more fuel-efficient car.
|New car registrations by county January-August 2022|
|County||2022 Units||Units 2021||% To change||2022 Share in %||2021 Share in %|