If you’re a taxi driver in Ireland, staying up to date with the grant schemes is essential, especially with rising vehicle and business costs. Whether you're looking to upgrade to an electric vehicle or just planning ahead, it’s important to understand what’s available. Knowing your options could save you thousands. As a trusted taxi insurance broker, we’re here to help you stay informed and prepared for the road ahead.  

  

What is the eSPSV25 Grant Scheme?

This grant is a financial support designed to help taxi, hackney, and limousine drivers move towards EVs. The taxi grant is managed by the National Transport Authority (NTA). It provides funding to make the switch to greener vehicles more affordable and attractive.  

The eSPSV25 Grant Scheme offers up to €10,000 for drivers purchasing an electric vehicle. If you're upgrading to a wheelchair-accessible EV, you can receive an additional €2,500. The goal is to lower emissions and reduce running costs. It also helps professional drivers’ future-proof their business. 

You can read more about the NTA taxi grant on the National Transport Authority’s website.

  

Taxi Grants in Ireland 2025: What You Need to Know

The NTA taxi grant launched in February 2025 with a record-breaking response from taxi drivers across Ireland. The level of interest was so high that the scheme has now been temporarily paused to allow time for the NTA to assess all the applications received. 

According to the Department of Transport, the demand shows a huge appetite among taxi drivers to upgrade to electric. The good news is that once the current batch of applications is reviewed, the NTA taxi grant could reopen later this year (2025). This would give another opportunity for drivers who missed out. 

If you’re considering applying when it reopens, it’s important to stay ready - demand is likely to remain high. 

  

Benefits of Upgrading Through the eSPSV25 Grant Scheme

There are strong reasons why so many drivers in Ireland rushed to apply for the taxi grant. 

Switching to an electric vehicle offers:  

• Lower running costs

Electricity is cheaper than petrol or diesel. Maintenance costs on EVs are typically lower, especially for long-range models.  

• Environmental benefits

Reducing your carbon footprint is not only good for the planet, but it also appeals to passengers who prefer eco-conscious transport options.  

• Access to extra incentives

The taxi grant also opens access to other potential benefits, such as lower toll charges on some Irish roads for EVs.  

• Increased business opportunities

Some corporate clients now prefer using transport providers with electric fleets. 

By using the grant, you could save significantly over the lifetime of your next taxi. 

For more on EV benefits for drivers, check out Citizens Information’s guide to electric vehicles.

  

How to Prepare if the Scheme Reopens

With the NTA taxi grant 2025 temporarily paused, now is the perfect time to plan ahead. Here’s how you can get ready:  

• Research eligible vehicles: Make sure you’re familiar with the EVs approved under the scheme. Choose a model that suits your daily driving needs. 
• Organise your finances: While the grant helps, there may still be upfront costs. Speak to your bank or credit union about potential financing options if that’s something you need to consider. 
• Stay informed: Keep an eye on updates from the NTA. The taxi grants scheme in Ireland could reopen quickly once current applications are processed in 2025. 
• Review your insurance: Ensure your policy can easily be updated when you change vehicles, particularly if you move to an EV. 

By being proactive now, you’ll be in a strong position to apply as soon as the grant becomes available again. 

  

The taxi grant offers a fantastic opportunity for drivers to make the switch to electric with real financial support. Despite the temporary pause due to overwhelming demand, there's every chance the scheme will reopen later this year. So, it’s worth being prepared! 

The combination of the grant and rising fuel costs makes now an ideal time to upgrade. Growing preference for greener travel adds even more reason to make the switch. 

Don't forget to make sure you have the right cover in place. We offer competitive taxi insurance in Ireland. Our policies reward safer driving and help you keep your business on the road without breaking the bank. 

Get your taxi insurance quote today and see how we can support your next step towards a greener future.