Motoring

No further reduction to electric vehicle purchase grant in 2024, despite longer term plans for phase-out

The Society of the Irish Motor Industry has called for the current level and thresholds for the SEAI purchase grant to be maintained out to 2026

Eamon Ryan, environment and transport minister. Last July, he announced a reduction in the Sustainable Energy Authority of Ireland electric vehicle grant from €5,000 to €3,500. Picture: RollingNews

The electric vehicle grant will be maintained at its current level for 2024, despite longer term plans to reduce it, the Business Post has learned.

Last July, Eamon Ryan, minister for environment and transport, announced a reduction in the Sustainable Energy Authority of Ireland (SEAI) electric vehicle (EV) grant from €5,000 to €3,500. The announcement was made due to the increasing cost of funding the grants as EV sales increase, and moves across Europe to ...