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The Journal·2 min read·medium

New EV scrappage scheme offering €5k for old cars closes after hitting demand in just 75 minutes

D
David MacRedmond
New EV scrappage scheme offering €5k for old cars closes after hitting demand in just 75 minutes
AI Summary

A pilot government scheme in Ireland offering a €5,000 grant for trading in old cars for electric vehicles reached its 2,000-application limit in just 75 minutes. Despite initial technical issues with the application portal, the program saw unprecedented demand from dealers.

Why it matters

The rapid depletion of funds highlights high consumer and dealer interest in EV incentives, despite broader government struggles to meet long-term national electrification targets.

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THE GOVERNMENT’S NEW pilot scheme for trading in old cars for electric vehicle grants reached its applications limit within 75 minutes of coming online, despite a 10-minute period when the site went down due to high demand.

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technologyenvironmenteconomy
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 90%

The article reports on government policy and administrative outcomes without taking a political stance or using loaded language.

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