EV Grant to be cut - 1st July - €3500

€5k VRT relief also staying in place

https://www.rte.ie/news/business/2023/0322/1365693-electric-vehicle-grants/

I would dare anyone from the dept of the environment, transport, or indeed Eamonn Ryan himself to show me where I could buy a brand new EV for 14k.

It makes that chart a nonsense.

Lots of people going to be cancelling cars that arent arriving before 1st July I think. An extra 1.5k and the high price of electricity.

Lets see how much they really want those EVs.

i thought the cutoff date at least would have been for when they were ordered. If they did that they might even get more orders instead.

true - so it makes the chart a nonsense - as with most of those other prices too.

up in increments of 1k as far as 20k, and then from 20k to 60k ...

those brainy folks who made out that chart were having a good oul laugh

We should be cancelling it altogether IMO, in a supply constrained market you don't need a grant to induce demand. This is not a good use of taxpayer funds. I'd much prefer if it was instead either spent on community AC charging sites in large towns near apartments etc or building large DC hubs, or a grant for connection costs to the HV electricity network to ease connection costs for new operators of fast chargers

My EV is a company car. The 5k grant was not available to companies so the boss (family member) bought the car. He then "decided" he didnt like the car and sold it to his company for employees (myself) use. But begs the question, why the hell wasnt the 5k available to companies in the first place?

No clawback on grants or anything so nothing illegal, just pushing weak boundaries that we were able to spot.

If it was just more straightforward I am sure there would be more EVs in companies instead of diesel.

Can claim accelerated capital allowances up to 24k in year 1 of purchasing the car to offset our corporation tax bill, assuming we make a profit. The BIK exemption for EVs as company cars is back up to 45k now and the car was 42k after grants so its BIK free all of 2023 too. I am almost sure that the 45k exemption is for the price AFTER grants. But its tiny even if there is BIK due. I will be leaving all this to our accountants though, main thing is we got the 5k grant.

do Electric Motorbikes and the likes count?

If they are serious about saving the planet then ban the sale of new cars completely.

It's all a con job.

Being seen to be doing the right thing.

AFAIK Dealer applies for it and knocks the grant off the sales price

Thats all most politicians care about these days. Spin doctors, positive press releases and back slaps from the likes of Biden and whoever calls the EU Commission shots these days is all that really matters.

The official government press release

I know somebody who works in sales, visiting shops etc. Company supplied them with PHEV's. No incentive or requirement to use them on electric mode or charge at home.

I can envision the press release though, how they are moving towards sustainability while flogging, for example, carburys Easter eggs shipped around full of air and packaging.

Both points incorrect Ted. Theres no VAT reclaim allowed on private vehicles, even if they are electric. Commercial vehicles only allowed VAT reclaim, vans, trucks etc...

And there is no BIK due on the first 45k value of an EV, making my EV BIK exempt as its under that threshold.

Quite a good point. I am not sure tbh. The only electric motorbike i could ever picture myself on would be the one from TRON

Indeed, reduce, reuse and recycle.

Circular economy is a lovely buzzword.

But I don't see much demand for retrofitting ICE cars to electric.

How far would a €5000 grant go with it.

Maintain the existing car fleet for longer. Grants for repairs to older cars rather than scrapping them. Incentivise people to hold onto older cars rather than consigning them to the scrap heap.

Never suggested banning new cars.

Many cars are thrown on the scrap heap long before they should/could be. It usually a case of something big comes up that's more expensive to fix than the car is worth that end up with the car on the scrap heap..... I would argue that from an environmental perspective it would be generally much better keeping that car on the road.

I don't agree with that. Much more people hang onto their cars here than in the UK.

Any new car is a luxury item. Crying poor while buying a 35-55k new car is the same as telling people they should try the lifestyle of maintaining two houses.

Installation charges for chargers is the big scam, electricians being fully aware there grant is there for customers. I bought a €450 charger from Elli for this reason which really put out the electrician that he couldn't install one of his over priced zappis. Same with solar panels. All the grants do is push up the price. The end buyer gains nothing from it.