Ireland to drop EV toll subsidy programme at the end of 2023
Éire / Ireland
The Low Emission Vehicle Toll Incentive Scheme, initially introduced to incentivize electric vehicle (EV) adoption by granting drivers discounted tolls, is set to conclude on December 31, 2023. This decision comes as the scheme achieves its target of 50,000 eligible vehicles over its five-year duration. Simultaneously, there has been a reduction in the government grant for EV purchases, decreasing from €5,000 to €3,500.
The Department of Transport has officially confirmed the end of the tolling scheme, emphasizing a strategic shift towards supporting EV charging infrastructure. This aligns with trends seen in other European nations, such as Norway, Germany, and France, where there is a gradual reduction in vehicle subsidies.
According to the latest data from the National Vehicle and Driver File, the current count of electric vehicles on Irish roads stands at 107,373. Despite a recent decline in sales, with 607 battery vehicles sold in October compared to 737 in October 2022, the overall trajectory of EV sales remains on an upward trend, outpacing other vehicle types.
While the toll incentive concludes, various other incentives persist. These include schemes like home charger purchase incentives, apartment charger schemes, Benefit-in-kind tax relief, and VRT relief of up to €5,000. Additionally, grants for taxi drivers transitioning to EVs and for heavy-duty vehicles aiming to shift from low emission to electric alternatives remain available.
More information can be found here: https://www.rte.ie/news/business/2023/1117/1417082-electric-vehicle-toll-discount-scheme-to-end/