EVs
Electric car grants to be cut in budget amid rising costs from higher sales
One in five new cars bought are now electric as more drivers move away from petrol and diesel engines
Electric car grants are set to be cut in the budget as more drivers are opting for the vehicles over petrol or diesel models.
The government currently pays grants of between €2,000 to €5,000 for electric cars worth €60,000 or less as part of an effort to encourage their take up in the market.
However, the cost of paying the grants is rising each year due to the increasing number of electric car sales, which ...