Oireachtas Joint and Select Committees
Wednesday, 8 October 2025
Joint Oireachtas Committee on Climate, Environment and Energy
Climate Change Targets 2026-2030: Discussion (Resumed)
2:00 am
Mr. Brian Cooke:
There will potentially be an extra 20,000 used cars coming to the market next year. Those are the cars we need to encourage the sale of and incentivise people to buy. They were sold by Irish retailers. The used cars will be sold by Irish retailers. That will also encourage Irish retailers to take them as trade-ins. Twelve months ago, many retailers, particularly outside Dublin, did not want to take an electric vehicle as a trade-in. That has changed and the tipping point could well be next year. As I said in my opening statement, next year is crucial for the used EV market. Incentivising Irish cars that were sold two or three years ago by Irish retailers is the way to get the market to start churning. It will not only help the used EV market. For over 90% of people who own an EV now, their next car will be an EV. It will create an overall scale. It might take two or three years.
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