Electric & Hybrid Vehicles combine for over 50% of May new car market

The Society of the Irish Motor Industry (SIMI) today released their official 231 new vehicle registrations statistics for May.

New car registrations for the month of May were up 42.7% (7,557) when compared to May 2022 (5,295). Registrations year to date are up 18.2% (74,542) on the same period last year (63,057).

Light Commercial vehicles (LCV) are up 76.2% (2,528) compared to May last year (1,435) and year to date are up 31.1% (16,255). HGV (Heavy Goods Vehicle) registrations are also showing an increase of 11.9% (217) in comparison to May 2022 (194). Year to date HGV's are up 35.6% (1,424).

Imported Used Cars seen a 14.9% (4,486) increase in May 2023, when compared to May 2022 (3,905). Year to date imports are up 5.2% (20,797) on 2022 (19,766).

For the month of May 1,725 new electric vehicles were registered compared to 743 in May 2022 (+132.2%). So far this year 12,875 new electric cars have been registered in comparison to +56% (8,258) on the same period 2022.?

Electric Vehicles, Plug-in Hybrids and Hybrids continue to increase their market share, with a combined market share (year to date) now of 42.74%. Petrol remains dominant at 32.36%, with Diesel accounting for 22.17%, Hybrid 17.51%, Electric 17.27% and Plug-in Electric Hybrid 7.96%.??

Brian Cooke, SIMI Director General commenting:?

“New car sales increased again in May when compared to the same month last year, and now new cars sales are edging closer to Pre-COVID levels. Some easing of supply difficulties has resulted in improvement in delivery times, and this has led to a significant growth particularly in Electric Vehicle (EV) registrations.

Year to date EV sales are now 56% ahead of last year, representing over 17% of the new car market. During the month of May nearly one-in-four new cars sold were electric, outperforming diesel sales for the month. Further analysis of the registrations highlights that when we combine Electric Vehicles, Plug-in Hybrid Vehicles (PHEVs) and Hybrids, which use battery technology for driving, they account for over 50% of the new car market for May. Commercial vehicle registrations both the heavy and light sectors, also demonstrated strong growth during the month.”?

2023 Total New Vehicle Stats

• New Car sales total year to date (2023) 74,542 v (2022) 63,057 +18.2%
• New Car sales total year to date (2023) 74,542 v (2019) 79,350 -6.06%
• New Car sales total?May?(2023) 7,557 v (2022) 5,295 +42.7%
• New Car sales total May (2023) 7,557 v (2019) 6,320 +19.57%?
• Light Commercial Vehicles sales year to date (2023) 16,255 v (2022) 12,395 +31.1%
• Light Commercial Vehicles sales year to date (2023) 16,255 v (2019) 14,570 +11.6%
• Light Commercial Vehicles sales total May (2023) 2,528 v (2022) 1,435 +76.2%
• Light Commercial Vehicles sales total May (2023) 2,528 v (2019) 1,717 +47.2%
• Heavy Goods Vehicle total sales year to date (2023) 1,424 v (2022) 1,050 +35.6%
• Heavy Goods Vehicle total sales year to date (2023) 1,424 v (2019) 1,209 +17.8%
• Heavy Goods Vehicle total sales May (2023) 217 v (2022) 194 +11.9%
• Heavy Goods Vehicle total sales May (2023) 217 v (2019) 222 -2.3%
• New Buses/ Coaches sales year to date (2023) 195 v (2022) 193 +1.0%
• New Buses/ Coaches total sales?May?(2023) 38 v (2022) 24 +58.3%
• Used Car Imports total year to date (2023) 20,797 v (2022) 19,766 +5.2%
• Used Car Imports total year to date (2023) 20,797 v (2019) 45,066 -53.9%
• Used Car Imports total May (2023) 4,486 v (2022) 3,905 +14.9%
• Used Car Imports total May (2023) 4,486 v (2019) 9,347 -52.0%
• New Electric Vehicles sales total year to date (2023) 12,875 v (2022) 8,258 +56%
• New Electric Vehicles sales total year to date (2023) 12,875 v (2019) 1,901 +577.28%
• New Electric Vehicles sales May (2023) 1,725 v (2022) 743 +132.17%
• New Electric Vehicles sales May (2023) 1,725 v (2019) 171 +908.77%
• 5 Top Selling Car Brands 2023 were: 1. TOYOTA, 2. VOLKSWAGEN, 3. HYUNDAI, 4. SKODA, 5. KIA
• 5 Top car model’s year 2023 were: 1. HYUNDAI TUCSON, 2. KIA SPORTAGE, 3. TOYOTA COROLLA, 4. TOYOTA YARIS CROSS, 5. VOLKSWAGEN ID.4
• Top 5 Selling Electric Vehicles (EVs) Car Brands 2023: 1. VOLKSWAGEN, 2. HYUNDAI, 3. TESLA, 4. KIA, 5. BMW
• Top 5 Selling Electric Vehicles (EVs) models 2023: 1. VOLKSWAGEN ID.4, 2. HYUNDAI IONIQ 5, 3. TESLA MODEL Y, 4. SKODA ENYAQ, 5. KIA EV6
• Top Selling Car (May) 2023: TOYOTA COROLLA
• Top Selling Electric Car (May) 2023: VOLKSWAGEN ID.4
• Market share by engine type 2023 (YTD): Petrol 32.36%, Diesel 22.17%, Hybrid 17.51%, Electric 17.27%, Plug-In Hybrid 7.96%

Tables below shows total new car registrations by county and total?new electric car registrations by county?for 2023.

Visit?https://stats.beepbeep.ie/?for full stats information.?