New EV scrappage scheme for used cars ‘already oversubscribed’ (opens original article in a new tab)

The Irish government's EV scrappage scheme for used cars registered in 2013 is already oversubscribed, with dealers reporting 1,900 potential deals compared to 1,177 available spots. The scheme, funded by €10 million, faces challenges with rural allocation and potential customer dissatisfaction on July 1st. Dealers expect continued high demand for EVs and possible scheme renewal later in the year.

• Government's EV scrappage scheme for used cars registered in 2013 is oversubscribed by over 700 cars
• Scheme funded with €10 million supports 1,177 new EV purchases and requires 65% of budget for rural applicants
• New EV sales expected to exceed 30,000 in 2023
• Dealers anticipate issues on July 1st as customers may not get grants and demand for EVs remains high
• Scheme may be reintroduced later in 2023 or before January 271 plate switchover