2023 (Sep 2022) Budget announcements for EV's

KCross

Not much revealed yet but I see these:

€110m is being provided towards making the switch to electric vehicles. Specifically grant support is being provided for the:

• Continuation of the purchase grant scheme for electric passenger cars, with a gradual reduction in the grant from July 2023

• Continuation and expansion of the home charging infrastructure scheme to include multi-unit dwellings

• Continuation of a grant scheme for taxi and hackney drivers with a gradual reduction in the grant from July 2023

• Continuation of an alternatively fuelled heavy goods vehicles purchase grant scheme

• Continuation of the Low Emission Vehicle Toll Incentive Scheme

• Reviewing the scheme for public point charging

So, reductions in the grant in Jul 2023 so at least that gives people notice that its being tapered off and all all the Jan deliveries to be honoured and the 232 registered cars will get a reduced grant. Watch the scramble for grants in 231!

Looks like toll incentive is to continue. That makes sense.... small money, highly visible, easy win for the government.

Not sure what the last one means. Could mean more or less but my guess is that they will be diverting the grant funding to public point charging funding.

VikingG

Curious as to the details on what the reductions will be in Jul 23 - presume those details will not come til later

slave1

pretty much as is then with tapering to come, not a bad result really

the_amazing_raisin

https://www.boards.ie/discussion/comment/119672102#Comment_119672102

My guess is that they'll lower the grant threshold, probably down to €40k

They might taper the grant above that amount to €50k like the VRT rebate, but it's all very unknown at this point

the_amazing_raisin

https://www.boards.ie/discussion/2058265109/2023-sep-2022-budget-announcements-for-evs

I think the last one is about the local authority charging grant

They're probably reviewing it given the woefully small number of chargers installed by LAs

I reckon if the government made a rule that any house that doesn't have access to overnight charging gets a 0% property tax rate then LAs would suddenly start throwing chargers in everywhere 😁

Black_Knight

https://www.boards.ie/discussion/comment/119673319#Comment_119673319

TBH, until EV production can start to get close to meeting demand, EVs will be too unaffordable in Ireland without grants. Fairly hard to afford as it is with grants! Our ID4s for example are crazy money new now vs 2021. Take the grant away and you'd have to start looking at petrol and diesel again (thought this week has been an unwelcome reminder of what ICE is like).

Old diesel

https://www.boards.ie/discussion/comment/119673953#Comment_119673953

Does Govt think that manufacturers are "trousering" the grant and not passing on the benefit of the grant to the customer.

For example

EV is 50 k before grant and 45 k after the grant.

With Govt thinking that the car would be 45 k list if no grant.

Old diesel

Unfortunately I fear Govt is clueless on EVs so refuse to look at what the right things are.

Like....

1) excellent charging infrastructure.

2) how to deliver affordability when planning incentives.

3) how to reassure ICE drivers that EV won't be a problem.

zg3409

https://www.boards.ie/discussion/comment/119674165#Comment_119674165

Main limitation on number of EVs is ability of manufacturers to supply cars. Even if grant was raised the number of EVs sold is more or less equal to the number of EVs they have for sale. So as such the number of new EVs on the road is not really impacted by grant or not, so yes the benefit to the government is probably nill. Manufacturers also upped the price of EVs by 5,000 or more in past year so prices of EVs have gone up anyway, with no grant changes. To be fair some of these were newer models of older cars, but as said the money would be far better spent on real public charging infrastructure, particularly hubs at motorway junctions first followed by city based hubs. Tesla understands the problem and attempts to keep the number of chargers available ahead of the sales. The sales have grown massively in past year but not the charging infrastructure.

Red Silurian

https://www.boards.ie/discussion/comment/119673362#Comment_119673362

I reckon if the government made a rule that any house that doesn't have access to overnight charging gets a 0% property tax rate then LAs would suddenly start throwing chargers in everywhere 😁

A fantastic idea but waaaaay too progressive for our civil war parties

https://www.boards.ie/discussion/comment/119674165#Comment_119674165

Didn't tesla recently raise the price of the M3 for no real good reason?

slave1

Didn't tesla recently raise the price of the M3 for no real good reason?

Yes, due to accummulated Raw Material price increases and unlike other automakers honoured all existing orders at pre price-hike prices

Red Silurian

https://www.boards.ie/discussion/comment/119677482#Comment_119677482

Yeah but the real reason, as we all know, is that prices went up because supply took a crunch