Welcome to The Nevo Price Index for February 2023, where we have summarised the latest data on the adoption of electric vehicles in Ireland to provide you with guiding insights as the nation continues to make the switch to electric in the new year.

Ireland Continues to Switch onto Electric Motoring

The latest data from SIMI show that almost 3,700 electric vehicles were registered in January, an increase of 36.52% in comparision to January of 2022.

The Top Performers of January

Hyundai Lead the Pack Going into 2023

In the overall standings, January was truly the month of Hyundai – with the brand holding the top spot across all three major powertrains. Following Hyundai, other brands that saw the most success were Kia, BMW, Volkswagen, and Nissan. If you're in the market for an electric car, be sure to consider these top-performing brands:

The Most Popular Models

According to reports by SIMI, the most popular vehicles across their respective engine types in January to date were:

• Battery Electric Vehicle – Hyundai IONIQ 5
• Plug-in Hybrid Electric Vehicle – Hyundai Tucson
• ICE Vehicle - Hyundai Tucson

What Counties Went Electric?

Dublin led the country with the most amount of EVs registered, leading with 1,619. Cork took second place with 419 EVs registered, followed by Kildare (197), Meath (170), and Galway (149). In terms of the biggest movers, Clare saw a 114.29% (60) surge in new electric vehicle registrations, with Leitrim (8) experiencing a 100% increase in demand in comparison to January 2022.

Across the entire nation, there was an overall healthy increase in EV adoption. This is a positive sign as the increased uptake in rural counties outside of urban hubs signifies that the country is taking positive steps in developing the infrastructure that can support successful EV adoption both in urban and rural areas. For example, the recent Electric Vehicle Charging Infrastructure Strategy 2022-2025 published by newly-formed ZEVI outlines plans "to implement targeted infrastructure to benefit communities" and increase the adoption of EVs across Ireland - with the next three years being considered as "pivotal" to electric mobility in Ireland.

Market Watch

MG Takes the Market by Storm

The introduction of the MG4 may be considered one of the highlights of recent months for the EV industry. With a dynamic exterior design, modern interior cabin, advanced driver aids and an attractive price tag of just €27,495, MG’s first all-electric hatchback ticks many boxes for the potential EV customer. What’s more, the MG4 offers up to 450km on a single charge, meaning that it can provide peace of mind for those making even the longest of journeys across Ireland.

Learn more about the MG4 on Nevo today, where you can browse different variants, watch our video review and book your test drive at a dealership near you. Click here to view the MG4 on Nevo.

ORA blazes a trail with the all-new Funky Cat

The ORA Funky Cat has captured the attention of the EV market not only with its radical name, but also the alternative avenue to electric motoring that it offers through a more affordable price-point. For those who are not looking to go with the typical household brands in the Irish marketplace, ORA has introduced a compact EV that rivals the likes of the Volkswagen ID.3 and Renault Meganne E-Tech. With up to 420km of range and a competitive price tag from €31,995, the Funky Cat is sure to make a substantial impact in the Irish market, with the EV currently available now from newly appointed Irish dealerships.

Learn more about the ORA Funky Cat on Nevo today, where you can browse different variants, watch our video review and book your test drive at a dealership near you. Click here to view the ORA Funky Cat on Nevo.

Tesla lowers prices of their Model 3 and Model Y

Tesla has been a long-standing fan favourite among both seasoned and new EV consumers, with the hugely popular Model 3 and Model Y being regular participants of the top sales figures across Europe and farther afield. Tesla's reduction of their prices means that their model line-up is now more accessible to the public than ever before. Inclusive of the SEAI grant, the Model 3 can be yours from €44,990, while the larger Model Y now starting at €46,990.

Click here to browse the entire Tesla range on Nevo where you can compare different models, watch video reviews and book your test drive of the Model 3 or Model Y at a dealership near you.

Make the Switch to Electric with Nevo

Are you looking to make the switch to electric motoring? Click here to browse different EVs, compare your favourite models, book a test drive for your favourite electric on Nevo.ie.