Electric Vehicle Sales Decline in August

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.