Is Electric the Road Ahead?
The Irish Government’s recently announced target of having 10 per cent of all registered vehicles running on electric power by 2020 seems a little far-fetched.
This means converting more than 250,000+ vehicles from being run on petrol or diesel currently to being powered by a full electric power system.
As part of the incentive to get interest in the proposal, the Government will be offering a 100 per cent write-off for businesses using these vehicles in a new accelerated capital allowances scheme. The move to electric cars is not that simple but, more crucially, is it the right direction to go?
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