ICE2EV Scheme
The Irish government today announced the ICE2EV Scheme, which'll launch on July 1. A scrappage scheme targeting old, high mileage non-plugin petrol & diesel vehicles is something we've previously called for.
Under the scheme, you'll receive an additional €5,000 toward the purchase of a new BEV when scrapping a qualifying ICE vehicle. What's a qualifying ICE vehicle?
- An ICE vehicle registered in 2013 or earlier;
- Registered in your name within the State for at least 12 months before the ICE2EV application;
- Valid NCT, or one that's expired within past six months;
- Valid Motor Tax & insured for road use during the six months prior to the application.
It's also a pilot scheme, with an initial €10m funding allocated (equating to 2,000 vehicles) - 65% of which is for rural purchasers (amounting to 1,300 vehicles), & the other 35% for urban purchasers (amounting to 700 vehicles).
The scheme itself will be administered by the SEAI, speaking of which...
SEAI Purchase Grant Change
The ICE2EV Scheme is in addition to the SEAI Purchase Grant, i.e. you could be eligible for €8,500 of support when purchasing a new BEV (assuming you've a qualifying ICE vehicle), along with any VRT Relief. However, change was also announced today impacting this.
The maximum value for SEAI Purchase Grant eligibility will now be reduced from €60,000 to €50,000, & this change will come into effect for new applications received after 31 July 2026. Applications approved / submitted prior to then will continue to be based on the current €60,000 maximum value.
