Source: seai.ie (Sustainable energy authority Ireland)
A maximum grant of €5,000 is available for qualifying new M1 (passenger car) battery electric vehicles (BEVs) when purchased privately. Approved EVs with a full price of more than €60,000 and less than €14,000 will not receive a grant. The full price of the vehicle to the customer includes all optional extras, paint, delivery and any other chargers but excludes any incentives such as grants or rebates.
The grant amount will depend on the list price of the vehicle. This is the full non-discounted price in the absence of VRT relief or grant support.
SEAI provides grant supports towards the purchase of new N1 (light commercial vehicle) category electric vehicles for business and public entities. N1 category vehicles are typically small goods carrying vans with a technically permissible maximum mass not exceeding 3500kg.
A maximum grant of €3,800 is available for qualifying N1 category BEVs when purchased commercially. Approved BEVs with a list price of over €60,000 or less than €14,000 will not receive a grant. It should be noted that these grants apply to new vehicles only and cannot be claimed on second hand vehicles.
The grant level depends on the list price of the vehicle. This is the full non-discounted price in the absence of VRT relief or grant support.
At the launch of Zero Emission Vehicles Ireland the expansion of the current N1 grant was announced. The grant will be for new large panel vans (BEV only) with a technically permissible maximum mass of not more than 3500kg (N1 category vehicle). Large Panel Vans with a price, excluding all grants, rebates incentives and inclusive of all optional extras, delivery charges, metallic paints etc. of €90,000 or less will be eligible for this grant.
Applications will be submitted in the same way as all SEAI vehicle grants, via an SEAI registered EV dealer A letter of offer must be in place before a vehicle is registered. Once this grant is open for applications all EV dealers will be notified.
For all details on Zero Emission Vehicles Ireland visit their website www.gov.ie/ZEVIreland/
Electric Vehicles and electric vehicle charging equipment may qualify for Accelerated Capital Allowances (ACA).
EV Scheme grants are classed as de minimis state aid and therefore are subject to the 3 year €200,000 ceiling. Dealers will be asked to complete a de minimis declaration within the grant application form.
Get in touch with your
Johnson & Perrott Motor Dealership today