The new Internal Combustion Engine to Electric Vehicle (ICE2EV ) scrappage scheme comes into effect from July 1.
Its fundamental goal is to take higher-emitting petrol and diesel cars that are 13 years or older off Irish roads. It aims to do so by offering heavily subsidised grants to drivers who trade them in for a new fully-electric vehicle.
Under this pilot program, qualifying drivers can receive a total combined grant of €8,500 toward a new EV. This is broken down into two parts: A flat €5,000 grant given specifically for permanently scrapping an eligible older vehicle, and the existing €3,500 state grant for buying a new electric vehicle.
The old car must be a private passenger internal combustion engine (ICE ) vehicle registered in 2013 or older. Hybrid or fully electric cars do not qualify for the scrap premium.
You must have been the registered owner of the vehicle for at least 12 months prior to the application. The vehicle must be currently taxed and insured, and its NCT cannot be expired by more than six months. The vehicle log book must be provided, and the older car can only be scrapped by a registered EV dealer.
The grant applies exclusively to new private electric vehicles registered from the 262 registration plate cycle onwards, and is not applicable to used electric cars.
The initial pilot program has a total budget cap of €10 million. Once this is fully allocated, the scheme will close.
Also announced by government was a reduction of the maximum eligible vehicle price threshold for the SEAI Electric Vehicle Purchase Grant from €60,000 to €50,000.
