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Gary Morrison Morrison BMW and MINI Cahir Electric vehicles

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Presentation on theme: "Gary Morrison Morrison BMW and MINI Cahir Electric vehicles"— Presentation transcript:

1 Gary Morrison Morrison BMW and MINI Cahir Electric vehicles
I am very grateful for the opportunity to present to you all today, Thank you to David Shanahan and his team in Clonmel Chamber July 2018.

2 Summary Key Budget announcements – car related
EV’s different types – Hybrid, PHEV, BEV (Rex) Grants available – personal and business Benefits of ownership What it means for my business – how do we prepare What you need to get started

3 Key budget announcements
BIK relief on BEV’s continued but capped at a value of €50,000 (OMSP) BIK relief on BEV’s guaranteed for 3 years Diesel cars - 1% increase on VRT rate – eg 17% rate goes to 18% BIK incentive on PHEV’s not introduced – SIMI lobbied

4 The different types of Electric vehicles
HEV – Hybrid Electric Vehicle – Prius, Lexus PHEV – Plug in Hybrid Electric Vehicle – BMW 530e, Mitsubishi Outlander, Hyundai Ionic, Ford Mondeo, MINI Countryman Cooper SE BEV – Battery Electric Vehicle– BMW i3, Tesla, Hyundai Ionic, Renault Zoe, Nissan Leaf (*Rex – Range Extender BMW i8)

5 Grants available (excl HEV)– personal and business
SEAI - €3800 company registration €5000 Personal registration (Sustainability Authority of Ireland) SEAI – home charging €600 private owners VRT relief €2500 PHEV and Rex, €5000 on BEV

6 Benefits of ownership Zero BIK* (BEV) – now capped at €50,000 OMSP (Company) Accelerated Capital Allowances (BEV) (Company) Accelerated Capital Allowances on charging equipment (BEV) (Co.) Toll costs – vary on EV and PHEV – peak and off peak ESB – free charging at public charge points Free parking in some towns and cities for Plug In’s – be careful! Road Tax rates very low (€120/annum BEV)

7 BIK example Vehicle Original Market Value (OMV)
BIK (Notional Income) 30% of OMV Marginal Tax Rate Say (52%) Monthly Weekly BMW 50,800 15,240 4,572 381 88 MINI 25,000 7,500 2,250 188 43

8 What it means for our business
a local and global objective of BMW Group is: “for electric to become an integral part of all retailers operations, to sell and service the Groups current and future range of electrified vehicles including BMW i3, BMW i8, the range of plug-in hybrid vehicles as well as the forthcoming BMW iX3 and the MINI Electric”.  

9 What it means for our business
Currently preparing our showroom, parking areas and workshop for electric Our technicians – electric training high focus on safety Parts and service teams are being trained – product knowledge Our Sales Team are being trained - BMW and MINI’s philosophy is “find the right user”

10 What you need to get started
Car with “Plug in” capabilities – SEAI Grant Wall box fitted at home – SEAI Grant for residence Wall box fitted at work (e.g Apple Cork – book charge bays/hr) Cables – home charging and public charging cables ESB charge card E Flow account to take advantage of reduced tolls

11 THANK YOU. My aim today was to try and give a very brief overview of the basics of EV’s, This is a change that will happen slowly 2040 is the date set by the EU that only “Zero” emission cars can be sold new We have a BEV and a PHEV here today so if anyone would like to see them afterwards I will be outside July, 2018.


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