Derek Riley

So if you're in a public space and you'd ever be concerned that somebody might do that, having the ability to lock it via the app or a PIN number or a card, an RFID card, there are different ways that the charger is going to allow you to do that.

So government announced a couple of weeks ago that there's a new ICE 2EV.

And so that ICE stands for internal combustion engine to electric vehicle.

And what they're saying is if you've got a diesel or petrol car 13 years old or over, they're going to give a total of eight and a half thousand euros off as a scrappage scheme.

Of that €8,500, €3,500 was already in the mix, was already taken off the price of all EVs.

So this is really an additional €5,000 for scrappage of a petrol or diesel car 13 years old or over.

They've divided it between the country and the city.

So 65% of the fund is going to be for counties outside of urban areas.

And 35% is going to be for Dublin, Cork, the major cities, Galway, Watford, Limerick, etc.

So they've balanced that regionally.

It's a pilot scheme.

It's 10 million euros.

So it's about 1,100, 1,200 cars.

And it's starting on the 1st of July.

I'm going to forecast, yes, that this fund is going to be oversubscribed probably before lunchtime on the 1st of July.

What we're hearing around the country, there's that many people with old cars that are saying, now is the time I'm going to go electric because the government are giving me an extra €5,000 or the car that they have might be even worth €5,000.

And so they're getting a great deal.

And then you can buy a brand new EV from...

12 975 under 13 000 euros brand new car all the warranties 200 kilometer range whereas that older car was probably just doing runs around the school and to bring the kids to train and or down get the shop and whatever it may be so it's going to be hugely successful and the government have said if this is good we're going to expand that even more maybe in the 271 period or the sales period but

Lots of people talking about it, lots of people interested in it.