The Government provides a wide range of supports to incentivise the purchase of EVs which include:
- A grant of up to €5000 for battery electric vehicles (BEVs);
- Home Charger grant scheme - up to €600;
- VRT relief of up to €5,000 for the purchase of BEVs;
- Benefit-in-Kind tax relief for battery electric vehicles;
- eSPSV grant scheme
- Low rate of annual motor tax; and
- Tolling reductions of 50% for battery electric vehicles and 25% for plug-in hybrid electric vehicles.
On 21st July I launched a new dedicated Office, Zero Emission Vehicles Ireland, which will oversee and accelerate Ireland’s transition to zero emission vehicles. As part of this launch, further initiatives were announced to accelerate the uptake of EVs including:
- A commercial fleet scheme
- Apartment charging scheme
- Expansion of the home charger grant
- Expansion of the purchase grant to include large panel vans
- Shared Island sports club scheme
Further information on Zero Emission Vehicles Ireland and the various incentives is available at www.gov.ie/zevi.
At a policy level, ZEVI will continue to support the need to assist the transition to driving electric. The means to incentivise EV purchases are forming part of the Budget 2023 deliberations between this Department and the Minister for Finance.