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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Automobiles called electric vehicles (EVs) run wholly or primarily on electricity. Because of their low to no fossil fuel consumption, lack of moving parts that require maintenance, and low running costs, electric vehicles are extremely eco-friendly.
Electric cars work under the assumption that electrical energy is transformed into mechanical energy, which is then used to generate kinetic energy and enable motion.In EVs, an electric motor is used instead of a conventional internal combustion engine. Electric energy is thus used in place of conventional fuel (petrol/diesel).
The Ireland Electric Vehicle Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Ireland boosts the uptake of EVs with new measures.A number of subsidies and efforts to encourage a greater uptake of electric vehicles were announced by Ireland's Department of Transport.These include home charging programmes, a database of smart chargers, and a programme for commercial vehicles that allows companies and organisations to test out electric trucks.
Domestic charging the new initiatives, which were just unveiled, include a grant for apartment charging that will make it simpler for residents of apartments and other multi-unit buildings to charge EVs.The home charger award will now be open to all tenants and homeowners, regardless of whether they are EV owners or not, according to a second announcement made by the transport minister.
This may also be utilised by guests or in rental lodging.The EV Smart Charger Register is a further initiative as a result.With this, the government hopes to increase security, curb excessive electricity use, and "enable greater integration with renewable energy sources."
Privately generated renewable energy can be collected and fed back into the grid via smart chargers. When energy is available and demand is low, EVs can charge and feed excess energy back into the grid using vehicle-to-grid (V2G) technology, which is enabled by smart chargers.
To encourage the adoption of electric cars (EVs), Ireland's Drive4Zero collaboration initiative was established. The program is a partnership between the nation's top utility business, the Electricity Supply Board (ESB), and two of the biggest automakers in the world, Nissan and Renault. Drive4Zero offers customers who buy a new Nissan Leaf or Renault ZOE free EV charging for two years in an effort to encourage them to transition to electric vehicles.
Given that the cost of charging may contribute significantly to the overall cost of ownership, this offer makes buying and operating an EV more feasible for Irish consumers. Due to the partners' commitment to adding more charging stations across Ireland, the initiative also aims to encourage the growth of EV infrastructure in that nation.
This will make it easier for more individuals to transition to driving electric vehicles by improving the convenience and accessibility of charging for EV owners. Ireland's attempts to lower carbon emissions and promote sustainable mobility are greatly aided by the Drive4Zero project. The initiative is positioned to have a big influence on the uptake of EVs in Ireland because to partnerships with top automakers and the biggest energy company in the nation.
The Volkswagen ID.3 completely electric hatchback made its debut. It is the first model in Volkswagen's new ID family of electric vehicles and is a part of the company's effort to dominate the electric vehicle industry.
The ID.3 is excellent for everyday usage because to its 58 kWh battery pack, which offers a range of up to 342 kilometres on a single charge. The battery can be charged to 80% using a 100 kW DC fast charger in as little as 38 minutes because to its rapid-charging capabilities. With a low-slung profile and strong lines, the automobile has a slick, contemporary appearance.
The base model, the ID.3 Life, the ID.3 Style, the ID.3 Business, and the top-of-the-line ID.3 Max are just a few of the trims and combinations available. The ID.3's inside is roomy and cozy, with a simple design that is both practical and fashionable.
It has a sizable central infotainment screen and a digital instrument cluster that provide the driver all the crucial data they want. The Volkswagen ID.3 is a striking electric car that provides a nice balance of range, performance, and appearance overall.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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