Rising electricity prices could dampen Irish buyer demand for EVs

More than one in four Irish motorists (27%) say rising electricity prices have reached the point where they would rule out buying an EV, according to new Carzone research. Another 20% say an electricity price increase of up to 10% would be enough to put them off. Yet higher petrol and diesel prices are having the opposite effect: 56% say increases at the pumps make them more likely to consider an EV. More than half (54%) of those surveyed were already considering an EV for their next car. Uncertainty seems to be the only constant in the car market, unfortunately.