Motor industry seeks Budget extension of EV incentives

SIMI wants a continuation of SEAI grants and VRT relief, and an extension of benefit-in-kind reliefs for three more years

So far this year, battery electric vehicles, plug-in hybrids, and hybrids have a combined market share of 45%.

Incentives to purchase electric vehicles (EVs) should be extended in the Budget, Ireland’s motoring industry has said.

The Society of the Irish Motor Industry (SIMI) said there should be a continuation of the SEAI grants and VRT relief on EVs, and an extension of benefit-in-kind reliefs for businesses for three more years.