Society of the Irish Motor Industry director general, Brian Cooke, has called on the government to continue EV incentives at current rates in the upcoming 2024 budget.
“New electric vehicle registrations declined by nearly a fifth when compared to September 2022, and while some of this is due to changing supply chain dynamics, there is a fear that there could be a softening in EV growth. “This includes retention of the 0% Benefit-In-Kind thresholds, and extension of both VRT relief and the SEAI purchase grant relief. “In addition, with the new car market still in recovery mode, there should be no taxation increases that would dampen new car demand, and at the same time more funding should be allocated to support the roll out of a reliable charging infrastructure.