Mr. Ken Spratt:

I might take the EVs first and ask Ms Cahillane if she could check the surrendered €38.8 million on the greenways piece, if that is available. We surrendered a significant amount on EVs. To give some context on that, there was a decline in EV sales. There was a global decline in EV sales in 2024 which was reflected in the Irish market. Various factors were at play in 2024, which impacted on EV take-up, including misinformation on EV performance. There was quite a lot of anxiety around EV range, which to our mind was misinformed. There was uncertainty about charging infrastructure and rapid changes in the EV market. Increase in competition in the EV market globally has meant the proliferation of models and a strong price competition.

In 2025, the committee will be glad to hear we have seen a welcome return to growth in Ireland and worldwide. There is an increased confidence among consumers in the technology itself. The cars are offering increased range and there is greater assurance regarding battery life, which is impacting on resale values.