What May be Ahead for Motorists in Budget 2025?
A new tax strategy paper published this week on Energy and Vehicle Taxation outlines what may be included in Budget 2025 writes Geraldine Herbert 1. Phasing Out the Diesel Excise Gap The Diesel Excise Gap refers to the lower tax rate on diesel compared to petrol in Ireland. Various bodies, including the Climate Change Advisory Council and the European Commission, have advocated for equalizing these rates due to environmental and...
One million EVs by 2030 no longer a pipe dream
Study predicts electric cars will be as cheap to produce as petrol and diesel counterparts by 2026 writes Geraldine Herbert Electric saloons and SUVs will be as cheap to produce as petrol and diesel models by 2026, according to a new study commissioned by Transport & Environment, a European think tank. This is one of many studies forecasting when electric cars will achieve price parity with petrol and diesel, and while some...
0% finance offer aims to put more Electric Vehicle drivers onto Irish roads
Nissan and AIB have come together with a new initiative to put more Electric Vehicle (EV) drivers onto Irish roads and help support the transition to a low-carbon economy. The ‘Power of Zero’ initiative offers consumers the opportunity to buy a new Nissan LEAF with 0% finance and to avail of one year’s free servicing. Customers who do so can save in excess of €13,000 in finance and running costs and 11 tonnes of C02 emissions over...
How realistic is one million electric cars by 2030?
No-one would disagree that the target of 1 million evs on our roads by 2030 is wildly ambitious but there are factors to consider writes Geraldine Herbert 1 As a government target it will shape government policy and that will significantly impact on what people will buy. 2. The next 12 to 24 months we will see a doubling and tripling of new electric cars leading to more choice for new buyers, more used cars will come on-stream...
