ELECTRIC YEAR: EV dealer sees vehicles sales jump 50 percent

ELECTRIC YEAR: EV dealer sees vehicles sales jump 50 percent
Easy Car Sales on Gladstone Road.

NASSAU, BAHAMAS — A well-known electric vehicle dealer said yesterday that it saw a 50 percent increase in vehicle sales in 2022, as it looks to match that sales growth this year.

Pia Farmer,  managing director of Gladstone Road-based Easy Car Sales shared the figures in an interview yesterday.

“We are very pleased to report that Easy Car Sales sold more than 50 percent more vehicles in 2022 compared to 2021, and we are expecting sales to grow exponentially this year.”

Farmer added: “We are targeting 50 percent growth this year over 2022. We sold more than 10 percent of all new car sales last year and we are the third highest selling brand in the country. Of course we are the number one selling brand of EVs.”

Ahead of the 2022 United Nations Climate Change Conference (COP27) in El Sheik, Egypt last year, the government added 50 new electric vehicles (EVs) from Easy Car Sales to its fleet. 

In the 2022/2023 Budget Communication, Prime Minister Philip Davis announced the government’s reduction in the duty rate on electric vehicles valued under $70,000 to 10 percent.

The duty for electric vehicles over $70,000 has been reduced to 25 percent, the same framework that presently exists for all hybrid cars.