Electric car sales down 10% in first quarter of 2024: CSO The number of new private electric cars licensed here in the first three months of 2024 has fallen by nearly 10%, while licensing of hybrid electric cars has increased sharply, according to the Central Statistics Office. Business • 10 Apr 24
Electric car sales down 10% in first quarter of 2024: CSO The number of new private electric cars licensed here in the first three months of 2024 has fallen by nearly 10%, while licensing of hybrid electric cars has increased sharply, according to the Central Statistics Office. Business • 10 Apr 24
Tesla deliveries fall for the first time in four years Tesla has today posted a quarterly fall in deliveries for the first time in nearly four years and missed Wall Street estimates, a sign that the effects of its price cuts are waning as the car maker battles rising competition and softer demand. Business • 02 Apr 24
Tesla deliveries fall for the first time in four years Tesla has today posted a quarterly fall in deliveries for the first time in nearly four years and missed Wall Street estimates, a sign that the effects of its price cuts are waning as the car maker battles rising competition and softer demand. Business • 02 Apr 24
New electric car sales drop in February as market slows The number of new electric cars sold in February dropped over 15% when compared to the same month last year, new figures show. Business • 01 Mar 24
New electric car sales drop in February as market slows The number of new electric cars sold in February dropped over 15% when compared to the same month last year, new figures show. Business • 01 Mar 24
Renault leads Europe's EV defence at Geneva Car Show Renault and China-owned MG launched new electrified cars in Europe at the Geneva car show today as Chinese automakers seek to take more market share from legacy European rivals. Business • 26 Feb 24
Renault leads Europe's EV defence at Geneva Car Show Renault and China-owned MG launched new electrified cars in Europe at the Geneva car show today as Chinese automakers seek to take more market share from legacy European rivals. Business • 26 Feb 24
New car sales speed up by 24% in January - CSO New figures from the Central Statistics Office show that the number of new cars licensed in January 2024 rose by 24% to 20,861 from 16,787 the same month last year. Business • 14 Feb 24
New car sales speed up by 24% in January - CSO New figures from the Central Statistics Office show that the number of new cars licensed in January 2024 rose by 24% to 20,861 from 16,787 the same month last year. Business • 14 Feb 24
New electric car sales up 45% in 2023 The number of new electric vehicles sold in Ireland jumped 45% in 2023 when compared to the previous year, new figures from the Central Statistics Office show. Business • 17 Jan 24
New electric car sales up 45% in 2023 The number of new electric vehicles sold in Ireland jumped 45% in 2023 when compared to the previous year, new figures from the Central Statistics Office show. Business • 17 Jan 24
Hertz to sell 20,000 EVs for gas-powered vehicles Car rental firm Hertz Global Holdings said today it would sell about 20,000 electric vehicles from its US fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles. Business • 11 Jan 24
Hertz to sell 20,000 EVs for gas-powered vehicles Car rental firm Hertz Global Holdings said today it would sell about 20,000 electric vehicles from its US fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles. Business • 11 Jan 24
China's Xiaomi unveils its first electric car Chinese smartphone maker Xiaomi took the wraps off its first electric vehicle today and promptly announced it was aiming to become one of the world's top five automakers. Business • 28 Dec 23
China's Xiaomi unveils its first electric car Chinese smartphone maker Xiaomi took the wraps off its first electric vehicle today and promptly announced it was aiming to become one of the world's top five automakers. Business • 28 Dec 23
UK car output sees best November since 2020 Britain's car output witnessed its best November since 2020, helped by a rise in production for the overseas market and easing supply chain challenges, industry data showed today. Business • 22 Dec 23
UK car output sees best November since 2020 Britain's car output witnessed its best November since 2020, helped by a rise in production for the overseas market and easing supply chain challenges, industry data showed today. Business • 22 Dec 23
EU October car sales up 14.6%, EV sales jump 36% New car sales in the European Union rose 14.6% in October, boosted in part by a big jump in sales of fully electric cars, while hybrid electric vehicles accounted for nearly three of every 10 vehicles sold in the economic bloc. Business • 21 Nov 23
EU October car sales up 14.6%, EV sales jump 36% New car sales in the European Union rose 14.6% in October, boosted in part by a big jump in sales of fully electric cars, while hybrid electric vehicles accounted for nearly three of every 10 vehicles sold in the economic bloc. Business • 21 Nov 23
New electric car registrations slow down by 17% in Oct The latest figures from the Society of the Irish Motor Industry show that new car registrations for October were down 16.8% to 2,178 when compared when the figure of 2,617 the same time last year. Business • 01 Nov 23
New electric car registrations slow down by 17% in Oct The latest figures from the Society of the Irish Motor Industry show that new car registrations for October were down 16.8% to 2,178 when compared when the figure of 2,617 the same time last year. Business • 01 Nov 23
Gap between desire for electric vehicles and purchases More people are searching the market for electric vehicles than currently end up buying them, new data from DoneDeal shows. Business • 25 Oct 23
Gap between desire for electric vehicles and purchases More people are searching the market for electric vehicles than currently end up buying them, new data from DoneDeal shows. Business • 25 Oct 23
Telsa's demand warning sparks selloff in EV stocks Elon Musk's warning that high interest rates could sap electric-vehicle demand knocked shares of the sector today, with some analysts questioning if Tesla can maintain the runaway growth that has for years set it apart from other automakers. Business • 19 Oct 23
Telsa's demand warning sparks selloff in EV stocks Elon Musk's warning that high interest rates could sap electric-vehicle demand knocked shares of the sector today, with some analysts questioning if Tesla can maintain the runaway growth that has for years set it apart from other automakers. Business • 19 Oct 23
New electric car sales up 52% so far this year - CSO New figures from the Central Statistics Office show the continued growth in the number of electric and plug-in hybrid vehicles licensed in Ireland. Business • 16 Oct 23
New electric car sales up 52% so far this year - CSO New figures from the Central Statistics Office show the continued growth in the number of electric and plug-in hybrid vehicles licensed in Ireland. Business • 16 Oct 23
New car registrations up 23.9% in July - SIMI There were 27,148 new cars registered last month, according to the Society of the Irish Motor Industry, that marked an increase of 23.9% year-on-year. Business • 02 Aug 23
New car registrations up 23.9% in July - SIMI There were 27,148 new cars registered last month, according to the Society of the Irish Motor Industry, that marked an increase of 23.9% year-on-year. Business • 02 Aug 23
Tesla may keep cutting prices in turbulent times - Musk Tesla CEO Elon Musk has signalled that he would cut prices again on electric vehicles in "turbulent times", even as his all-out price war on automaker rivals squeezes the company's own margins. Business • 20 Jul 23
Tesla may keep cutting prices in turbulent times - Musk Tesla CEO Elon Musk has signalled that he would cut prices again on electric vehicles in "turbulent times", even as his all-out price war on automaker rivals squeezes the company's own margins. Business • 20 Jul 23
New electric car sales up 65% in first half of 2023 New figures from the Central Statistics Office show that the number of new electric cars licensed has increased by 65% from 8,309 in the first half of 2022 to 13,701 in the first half of 2023. Business • 10 Jul 23
New electric car sales up 65% in first half of 2023 New figures from the Central Statistics Office show that the number of new electric cars licensed has increased by 65% from 8,309 in the first half of 2022 to 13,701 in the first half of 2023. Business • 10 Jul 23
Lordstown Motors files for bankruptcy, sues Foxconn US electric truck manufacturer Lordstown Motors has today filed for bankruptcy protection and put itself up for sale after failing to resolve a dispute over a promised investment from Taiwan's Foxconn. Business • 27 Jun 23
Lordstown Motors files for bankruptcy, sues Foxconn US electric truck manufacturer Lordstown Motors has today filed for bankruptcy protection and put itself up for sale after failing to resolve a dispute over a promised investment from Taiwan's Foxconn. Business • 27 Jun 23
New cars licensed in May jump by 47% on last year New figures from the Central Statistics Office show that the number of new electric cars licensed increased by 52% from 7,825 in the first five months of 2022 to 11,918 in the first five months of this year. Business • 09 Jun 23
New cars licensed in May jump by 47% on last year New figures from the Central Statistics Office show that the number of new electric cars licensed increased by 52% from 7,825 in the first five months of 2022 to 11,918 in the first five months of this year. Business • 09 Jun 23
Musk says Tesla will put sales growth ahead of profit Tesla boss Elon Musk has doubled down on the price war he started at the end of last year, saying the electric vehicle (EV) maker would prioritise sales growth ahead of profit in a weak economy. Business • 20 Apr 23
Musk says Tesla will put sales growth ahead of profit Tesla boss Elon Musk has doubled down on the price war he started at the end of last year, saying the electric vehicle (EV) maker would prioritise sales growth ahead of profit in a weak economy. Business • 20 Apr 23
Renault revenues rise 30% in Q1 on higher sales, prices French car maker Renault said today its revenues had grown by 30% in the first quarter thanks to a rebound in sales and higher prices. Business • 20 Apr 23
Renault revenues rise 30% in Q1 on higher sales, prices French car maker Renault said today its revenues had grown by 30% in the first quarter thanks to a rebound in sales and higher prices. Business • 20 Apr 23
Electric car sales up 49% so far this year - SIMI A total of 9,303 new electric cars were registered in the first three months of this year - an increase of 49% on the 6,235 electric cars registered during the same time in 2022. Business • 03 Apr 23
Electric car sales up 49% so far this year - SIMI A total of 9,303 new electric cars were registered in the first three months of this year - an increase of 49% on the 6,235 electric cars registered during the same time in 2022. Business • 03 Apr 23
Record number of new electric cars sold in January New electric car registrations reached their highest month on record in January, according to new figures from the Society of the Irish Motor Industry (SIMI). Business • 01 Feb 23
Record number of new electric cars sold in January New electric car registrations reached their highest month on record in January, according to new figures from the Society of the Irish Motor Industry (SIMI). Business • 01 Feb 23
70% of consumers considering buying an electric vehicle 70% of consumers in Ireland are considering an electric vehicle as their next car purchase, a new survey by DoneDeal shows. Business • 31 Jan 23
70% of consumers considering buying an electric vehicle 70% of consumers in Ireland are considering an electric vehicle as their next car purchase, a new survey by DoneDeal shows. Business • 31 Jan 23
Sales of electric cars increased by 81% in 2022 - CSO The number of new electric cars licensed for the first time in 2022 increased by 81% to 15,462 compared with the previous year, according to figures from the Central Statistics Office. Business • 12 Jan 23
Sales of electric cars increased by 81% in 2022 - CSO The number of new electric cars licensed for the first time in 2022 increased by 81% to 15,462 compared with the previous year, according to figures from the Central Statistics Office. Business • 12 Jan 23