Electric vehicles are becoming more and more popular every day. What does the future hold for EVs? How fast are they growing? What challenges do they face? This blog post will explore these questions and discuss the future of electric vehicles. We will also take a look at the accessibility of EV charging stations and how that is changing. Stay tuned for an in-depth look at the future of electric vehicles!
The electric vehicle market is growing rapidly. In 2018, EV sales increased by 81% globally. This growth is expected to continue with EV sales projected to reach over 30 million by 2030. The majority of these sales will be in China, the United States, and Europe.One of the challenges that EVs face is the lack of charging infrastructure. In order to set an EV, you need access to a charging station. Unfortunately, these stations are not always readily available. This is especially true in rural areas. However, the situation is slowly improving. The number of public charging stations has increased by 41% since 2016.The future of electric vehicles is looking bright. With increasing sales and more charging infrastructure, EVs are poised to take over the automotive market.
What Does The Future Hold For EVs in Ireland?
Electric vehicles in Ireland are becoming more and more popular, but what does the future hold for EVs? How fast are they growing? What challenges do they face? Let's take a look.According to SEAI, by the end of May 2022, over 41,000 electric vehicles and plug-in hybrids have been driving around Ireland. According to the Society of the Irish Motor Industry (SIMI), 8,646 new electric vehicles have been registered by 2021, as compared to 4,013 cars in 2020 and 3,444 in 2019. It means that just 8.24% of the vehicles sold across Ireland by 2021 had been completely electric. What does the future hold for EVs? The Irish government is working towards an objective of 936,000 electric vehicles operating on Irish roadways by 2030, with 845,525 private passenger vehicles. This includes battery EVs and plug-in hybrid EVs, but not hybrids based on diesel and petrol). It will amount to about one-third of 2.8 million vehicles currently operating in Ireland. Ireland has set itself the goal of ending the sales of cars driven exclusively by fossil fuels by 2030.The Climate Action Plan (June 2019) offers more incentives to those who want to switch to Electric Vehicles, including a potential car scrappage program to replace existing EV grants. The goal is to establish a charging infrastructure capable of accommodating 800,000 electric vehicles by 2030.
How fast are EVs growing?
What does the future hold for EVs? Electric car sales have soared throughout 2021 and have remained robust until 2022. However, ensuring that they continue to grow will require greater efforts to diversify the battery manufacturing process and vital mineral resources to minimize the risk of delays and price increases according to the International Energy Agency.How fast are EVs growing? The sales of electric vehicles (including fully electric vehicles and plug-in hybrids) increased by a third in 2021 and set a record of 6.6 million, with more sold every week than in 2012 according to the most recent issue of the Global Electric Vehicle Outlook. Despite challenges across supply chains, global sales continued to increase until 2022, with two million electric vehicles sold globally during the first quarter of 2018, increasing by three-quarters over the same timeframe the year before. How fast are EVs growing?There were 16.5 million more electric vehicles in circulation around the globe at the end of 2021, which is more than triple the amount in 2018.
How many EV chargers does Ireland need?
What does the future hold for EVs? We're seeing more and more EVs on the road every day, and it's clear that this trend is only going to continue. The European Commission aims to have 30 million EVs in circulation by 2030. It estimates that 3 million charging stations are required to support their needs. How many EV chargers does Ireland need? Ireland will require 100,000 charging stations for public use, with the majority of them charging stations being fast chargers that will serve the planned one million EVs in the country in the same timeframe as the report suggests. This shows just how rapidly EVs are growing in popularity, and how much infrastructure needs to be put in place to support them. It's an exciting time for EVs, and we can't wait to see what the future holds.
Ireland Scaling up on EV Charging Station Accessibility
What does the future hold for EVs? To help alleviate the scarcity of EV charging station, the Irish government offered incentives to those who want to switch to electric vehicles and set up a charging infrastructure. Below are the grants available for EV charging station accessibility:
€600 SEAI Grant Available for EV Car Charger Installation
You may qualify for up to €600 to buy an electric car charger for your house. The program, which is funded by the government, allows homeowners to set up EV car charging outlets within their residences. The program offers the possibility of loans as high as €600 to purchase an electric at-home car charger. The applicant must have at the very least the equivalent of an EV that is brand new or used. For more information about SEAI Grant, check out our FAQs here or call us today.
ACA (TAX INCENTIVE SCHEME FOR BUSINESSES) - Commercial Installing EV Car Chargers
The Accelerated Capital Allowance Tax (ACA) is given to companies that invest in energy-saving technology. The grant allows companies to lower their expenses by deducting earnings at the time they purchased the equipment. It is also a tax-free incentive that the government gives during the year in which it is applicable which is 12.5% of capital expenditures. For more information about ACA check out our FAQs here or call us today.
Launch of the Apartment Charging Grant
For EV charging station accessibility, the most affordable and simplest method of charging electric vehicles is through residential charging. It is expected to account for about 80% of all charges. The EV Apartment Charging grant launched on July 21, 2022, is intended for homes that don't have driveways like duplexes, apartments, or mixed developments. You can find more information here.
Extensions to the EV Home Charger Grant
The EV Home Charger grant has been extended. This grant is available to tenants and homeowners, regardless of whether they own the electric car. The grants can be used to rent or as visitors' lodging. More information is available on the SEAI webpage here.
EV Charging Station Installation with EcoPlex
EcoPlex provides a range of services related to sustainable energy, including the installation of EV charging stations. We are dedicated to helping our customers reduce their carbon footprint and make the switch to renewable energy sources.We offer a variety of EV charging station models, all of which can be installed by our team of qualified electricians. We also offer a free consultation service to help you choose the right model for your needs.The future of EVs in Ireland is looking bright, with increasing sales and more charging infrastructure. EVs are poised to take over the automotive market and help reduce our carbon footprint. For more information about our EV charging station installation services, please contact us today. We would be happy to answer any questions you may have.