Hannah McNulty | July 2022
Nationwide research from Allianz* reveals that over half of Irish adults intend to make the switch to Electric Vehicles in the future, with cost savings being the main decision driver. 7% of Irish drivers claim to already drive an electric vehicle.
With the rise in cost of living and climate change actions, we are bound to see an increase of electric vehicles on our roads in the next few years – better for our pockets, better for the environment!
Cost savings remains the highest voted factor for people to switch to electric vehicles, with almost 1 in 2 choosing a cost saving factor as their main reason for purching an electric vehicle. With a public charger, it will cost around €22 for a flat-to-full charge, or you can opt to pay a monthly subscription of €4.79, which is signifantly cheaper than the rising fuel prices we are seeing! Charging your car at home can cost as low as 5 cent per kWh, depending on your electricity provider or the time of day you choose to charge. To paint a clearer picture, for every 100km travelled, an average Irish electric vehicle owner will pay €4.97 in electricity costs1. When purchasing a new electric vehicle, don’t forget that the offers grants of up to €5,000, plus they have a lower motor tax than petrol and diesel cars, so you’ll be sure to cut costs while running an electric vehicle.
Better for our environment
The next highest factor leading to the switch from petrol and diesel vehicles to electric vehicles is that they are better for our environment, according to 1 in 4 of our survey participants.
For those that don’t yet own electric vehicles, and intend to do so, cost savings again tops their reasons for switching. However for this group, environmental reasons rate higher at almost 30%. Read more about the environmental benefits from the SEAI .