Supply and cost issues could slow Irish drivers’ switch to EVs, new report says

Supply issues and rising prices could slow down Irish drivers’ switch to electric cars despite increased demand for such vehicles, according to a new report.

Done Deal, an Irish online marketplace, says consumer demand for new electric vehicles (EVs) has increased by 35 per cent this year despite a rise in cost. According to the report, as of May 17th the average cost of a new EV in 2023 has risen to €64,775, an increase of 13 per cent on the figure from the same period last year.