SIMI uses its own and third parties’ cookies in order to improve your experience and our services. These cookies provide a better performance, enhanced features and enable certain functionalities. You can obtain more information and learn how to change the configuration of your browser, including how to block some cookies, in our Cookies Policy. However, you should know that blocking some types of cookies may impact your experience on the site and limit the services we are able to offer. You can also review our Privacy Policy here
Brian Cooke Director General SIMI
“Budget 2025 includes a number of incentives in relation to Electric Vehicles; a new Benefit-In-Kind (BIK) concession on home charger installations; the change of the definition for light commercial electric vehicles that will allow more vans avail of the lower €200 VRT rate; the previously announced extension of the SEAI purchase grants; and the extension of the €10,000 threshold on BIK for cars for 2025 (€45,000 tax free BIK on EVs). While we welcome these measures, the Motor Industry is disappointed that the BIK relief has not been extended beyond 2025, to encourage more company car purchasers to choose an EV, which in turn would accelerate the creation of an active used EV market.”