Admittedly, it's not quite as good as finding a pot of gold at the end of the rainbow but residents of Ireland can rejoice with the notion of receiving nearly $7,000 back on the purchase of electric vehicles (EVs). The Irish government and the Electrical Supply Board (ESB) recently agreed on this incentive plan to help offset the purchase price of electric vehicles and send the country on its way to reaching a proclaimed goal of EVs penetrating ten percent of the market by 2020.

The announcement was made in conjunction with Renault-Nissan, a company with considerable interest in the success of electric vehicles. Renault-Nissan will produce up to 2,000 EVs bound for Ireland by 2011. The vehicles will include the Nissan Leaf and the Renault Kangoo Z.E.

The Irish have considerable work ahead of them to build out a nationwide charging infrastructure, but the incentive program is one step in the process of electrification and will go a long way towards convincing buyers that electric vehicles are an economical choice. If the incentives and availability of electric vehicles still don't convince buyers, maybe avoiding taxes will. All electric vehicles will be exempt from vehicle registration taxes in Ireland. That alone should sway more than a handful of buyers. Thanks to Hugh for the tip!


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