Electric Vehicle Sales Decline in August
Electric Vehicle Sales Decline in August
Electric Vehicle Sales Decline in August
News summary

New car registrations in Ireland saw a decline of over 8% in August, with electric vehicle (EV) sales dropping nearly 30%. The Society of the Irish Motor Industry (SIMI) reported that only 1,259 new EVs were registered, leading to a total of 15,129 electric cars sold this year, a 25.3% decrease year-on-year. SIMI's Director General, Brian Cooke, urged the government to enhance incentives for EV adoption in the upcoming Budget 2025 to support the ailing market. Meanwhile, in the European Union, sales of battery electric vehicles fell by 10.8% in July, while hybrid sales rose significantly, indicating a shift in consumer preferences. In India, EV sales dropped by 13% in August, yet still marked the third-highest monthly total for the year, attributed to changes in government subsidy policies. Across all markets, the decline in electric vehicle sales is prompting calls for more robust government support and incentives to stimulate the sector.

Story Coverage
Bias Distribution
67% Left
Information Sources
71639883-fbbd-48af-8cc3-393f63e7b2efbfb2a97b-336e-48d9-b69a-147df7862dc2045e1b4c-3084-4df3-accf-c023e46a780b
Left 67%
Right 33%
Coverage Details
Total News Sources
3
Left
2
Center
0
Right
1
Unrated
0
Last Updated
13 days ago
Bias Distribution
67% Left

Open Story Timeline

Story timeline 1Story timeline 2Story timeline 3Story timeline 4Story timeline 5Story timeline 6Story timeline 7Story timeline 8Story timeline 9Story timeline 10Story timeline 11Story timeline 12Story timeline 13Story timeline 14

Analyze and predict the
development of events

Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News