If you're considering purchasing an electric car, you'll be pleased to know about the VRT relief available for eligible vehicles. This incentive aims to make electric vehicles more accessible and affordable, promoting the transition towards sustainable transportation options.
Who’s eligible? Series production passenger cars or commercial vehicles qualify for relief from VRT if they are powered solely by an electric motor and are registered before 31st December 2025. Under this scheme, vehicles with an Open Market Selling Price (OMSP) of up to €40,000 are eligible for relief of up to €5,000. For vehicles with an OMSP between €40,000 and €50,000, the relief amount is reduced. However, it's important to note that relief is no longer available for electric vehicles priced above €50,000.
This initiative encourages the adoption of electric vehicles by providing financial incentives and supports the transition towards cleaner and more sustainable transportation choices.