The biggest benefit of electric cars is obvious: You no longer need gas. The motor tax for a Battery Electric Vehicle Motor Tax costs €120 per year with Plug-In Hybrid Motor Tax typically €170 per year. If you transfer the car to your employee, general BIK rules shall apply. Hybrid & electric cars ireland – what’s the difference? Everything you need to know about using the ESB public charging network. Your business could get 20 per cent (up to £8,000) off the cost of buying an electric van. Examples include vouchers, holidays, payment of an employee's bills and prizes. Unfortunately the Benefit in Kind Tax exemption does not apply to hybrid cars or vans. Kia E-Soul. That’s a big deal, since the average American spends between $2,000 and $4,000 on gas every year. The Irish Times guide to new electric cars for 2020 and 2021 From the Audi e-Tron to Volvo XC40 P8, via Nissan and Tesla, we rate a full 36 models Wed, Jul 1, 2020, 07:00 Nearly all credible researchers believe that electric cars, even in coal-dependent regions, have a smaller environmental impact than conventional vehicles. The treatment applies to both new and used cars. 1. To get the most out of the website we recommend enabling JavaScript in your browser. “These In comparison, a … From April 6th 2020, business users can also pay zero Benefit In Kind (BIK) company car tax on pure electric cars and the PICG still applies to company cars. A Plug-in hybrid pairs a small battery and electric motor, with a typical range of around 30 miles, with a fuel-efficient petrol or diesel engine. Electric cars will incur no benefit-in-kind tax for the 2020-21 tax year. In Ireland, for those that do have an EV, there is a grant from the Sustainable Energy Authority of Ireland that could provide you with up to €5,000. With newer technology helping create even more environmentally friendly batteries, advances in hydrogen and even more efficient, quieter EV motors, the future of driving is bright and clean. ESB’s position as Ireland’s leading energy utility, its stable business profile and its solid financial position ensures it is well positioned to meet the challenges that lie ahead and to support its strategic ambition to lead the transition to reliable, affordable low-carbon energy for the benefit of its customers. The aim is to ensure that all new cars and vans on Irish roads in 11 years' time are electric vehicles. They’re easier on the environment. This section will not apply. These savings quickly add up, see how much you could save on each journey when driving an EV by using our special Journey Cost Calculator below. According to DoneDeal, 10% of all car searches in Ireland are now for electric and hybrid vehicles. Benefits. Increased use of electric cars will help reduce the consumption of other fuels such as petrol and gasoline. The tax rules for ultra low emission company cars are set to change from 6 April 2020 making the purchase of an electric … Discover the top ten benefits here. EVs offer outstanding value over the long term and can be an excellent investment for drivers looking for a cheaper, more efficient way to get around. This is achieved not only through the provision of critical energy infrastructure, but also through ESB's contribution to the economy in the form of investment, taxes, dividends and jobs. Click on your store to download the ecar connect app. ESB is a business built on the strength of its people. Kia E-Niro. And it doesn’t stop there. From tax incentives and special government grants to enhanced fuel efficiency, the lower cost of electricity and reduced maintenance requirements, you could spend far less on an electric vehicle than you do on your current car. ACA - Ltd Company EV Benefits Explained The following example compares a Ltd company purchasing a Electric Vehicle and a conventional fossil fuel vehicle of similar size, both with a R.R.P of €28,000 ... Of course, there are other benefits, not least the fact that the electric motor is powerful enough to drive the car by itself, so you can drive for short bursts on just electric power around town, dramatically reducing your urban fuel consumption and emissions rating. Get a car inusrance quote on 0818 25 20 25. A compact, all-weather home charging unit can be outside your home and you’ll be eligible for a £350 government grant to cover installation. As the first dealer group to introduce the fully Electric Vehicle to the Northern Ireland market, the Donnelly Group is committed to supporting the development of future clean air technologies within the motor industry. Electric cars with the longest range. EVs are often more digitally connected than conventional vehicles, with many EV charging stations providing the option to control charging from a smartphone app. Like traditional petrol and diesel vehicles, the cost of buying an electric car varies depending on make, model, features and type. Once installed, you’ll be able to charge your EV  by simply plugging in the charging cable when you’ve parked up. Hide. Electric cars are going mainstream. An employee may receive a taxable benefit in connection with their personal electric car if their employer: Pays for a vehicle charging point to be installed at the employee’s home. While electric cars do, indeed, have their downsides, there are also considerable benefits to owning one. And it doesn’t stop there. Electric Ireland can professionally install an electric vehicle home charger at your home and with the help of the SEAI grant it comes at a great price. The table below shows the percentage BiK rates, depending on vehicle CO 2 emissions from conventional fuel (only >0 for plug-in hybrid electric cars) and using WLTP figures. Benefits (other than benefits-in-kind). The benefits of driving electric cars are clear. Isn’t that how driving should be? The benefits of owning an EV arguably outweigh any cons — from spending less money in the long run to making fewer trips to the repair shop. Plug-in hybrids driven in electric mode emit zero tailpipe emissions and the electric range is well within the average UK daily distance driven of 30 miles. As soon as you hit the accelerator you’ll get an instant response and surge of speed from the car, making these vehicles ideal for city driving. They Aren’t Mainstream While a lot of people will hear that something isn’t mainstream and instantly want it that much more, the case is very different with electric cars. This means  handling around corners and curves is effortless and reliable. Pays to lease a … Proven track record of insuring electric cars in Ireland. According to the head of ecars at ESB, Gareth Davis, currently there are over 4,500 battery electric vehicles (BEVs) and PHEVs (plug-in “hybrid” electric vehicles) on the island of Ireland. Benefits of driving an electric vehicle. While the price of an EV may be similar to most comparable petrol or diesel cars, the cost of running one is significantly cheaper particularly over the full lifetime of the vehicle. Grant for electric vans. Electric vehicles offer many benefits, but they also have some disadvantages when compared to conventional gasoline-powered cars.One of the biggest questions prospective electric car buyers face is whether to purchase an all-electric vehicle (AEV), plug-in hybrid electric vehicle (PHEV), or a gasoline-powered car. 9 – Kia E-Soul – 62 units – Another new comer for 2019 as the previous version was not imported into Ireland. Benefits of driving an electric vehicle. We at Zurich established ourselves as an electric car pioneer when we launched the world’s first customised electric car motor insurance proposition in Ireland in 2011. At the start of 2018, electric cars were relatively new to the automotive industry, but there's no denying they're increasing in popularity – as our survey of British motorists has shown.And despite their relative newness, industry insiders believed that by the end of 2018 there would be around 200,000 electric cars on the roads. Benefit in Kind (BiK) rates for cars registered after April 2020. Replacement car: In the event of an accident, we will provide a free replacement car (an electric car where possible) for up to 10 days. Electric car benefit-in-kind (BIK) tax treatment is significantly more beneficial than that for conventional engined cars, especially diesels. Electric vehicles offer many benefits, but they also have some disadvantages when compared to conventional gasoline-powered cars.One of the biggest questions prospective electric car buyers face is whether to purchase an all-electric vehicle (AEV), plug-in hybrid electric vehicle (PHEV), or a gasoline-powered car. 6 Benefits of Electric Cars. By 2030, it wants one million electric cars on Irish roads. Using a 7kW home charging port, most EVs can charge to full capacity in around 8 – 12hours so your car will be ready to go when you are. From the environmental impact to the savings you can make on fuel, tax and maintenance costs, electric vehicles could help you save significant amounts of money. For example, in the current tax year, 2018-19, electric or hybrid company cars that emit 50g/km of CO2 attract a BIK scale charge of 13% of the vehicle’s P11D value. We are proactively embedding new safety, sustainability, people development and corporate responsibility strategies within our operations. Fully electric cars are designed to be as efficient as possible and there are generally 3 main components powering the vehicle; the on-board charger, inverter and motor. You may have made an electric car available to your employee for private use during 2018. This isn’t the case for all electric vehicles; however many of the newest models have interior parts made from recyclable materials, such as the seats, door trim panels and dash. 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