WEALTH February 23, 2026 0 Comments

Unlock Hidden Cash: The €7M eSPSV Grant Scheme Opens Wednesday – Are You Ready to Claim Your Share?

Ever wonder how far a €7 million push can really go in greening up a fleet of taxis, hackneys, and limousines? Well, Minister for Transport Darragh O’Brien just laid down the gauntlet: the 2026 Electric Small Public Sector Vehicles (eSPSV) Grant Scheme is opening for applications on February 25th, and this isn’t just any run-of-the-mill grant. We’re talking one of the most substantial electric vehicle incentives designed specifically for small public service vehicles—vehicles that keep our cities humming every day. Since 2018, this scheme has already helped thousands flip the switch from gas guzzlers to electric, cutting emissions and cleaning up the air—but with over €65 million allocated to date, and more than 3,600 operators onboard, the momentum is only picking up. So, if you’re an SPSV operator questioning whether it’s time to electrify your ride (spoiler alert: it is), this €7,500 to €25,000 grant might just be the nudge you need to turn the key. Ready to dive in and see if you qualify? LEARN MORE

Minister for Transport Darragh O’Brien has confirmed the the 2026 Electric Small Public Sector Vehicles (eSPSV) Grant Scheme will open for applications from Wednesday (25 February).

A total of €7m has been allocated to the scheme, which seeks to support SPSV operators to transition to electric vehicles and represents one of the largest targeted EV incentives for small public service vehicles.

“The eSPSV Scheme continues to deliver real support for those who keep our public transport network moving every day,” said O’Brien.

“With €7m committed for 2026, we are continuing one of the most impactful EV transition programmes in the country.

“This investment ensures that taxi, hackney and limousine operators can upgrade to cleaner, more efficient vehicles, benefiting drivers, passengers and the environment alike.”

Eligible taxi, hackney and limousine operators will have continued access to grants, making the purchase of electric vehicles more affordable and practical.

The scheme includes up to €7,500 toward the purchase of a new battery electric small public service vehicle.

Up to €17,500 is available to operators purchasing a new battery electric small public service vehicle, and scrapping older high-polluting vehicles as part of the transition.

Finally, up to €25,000 for a new battery electric wheelchair-accessible SPSV.

Since its inception in 2018, thousands of taxi, hackney and limousine operators have made the switch to zero-emission vehicles using the scheme.

Over €65m has been allocated to date to help over 3,600 eSPSV operators move from fossil fuel vehicles to electric, helping reduce carbon emissions and improve air quality.

Full details on eligibility, application rounds and how to apply will be published here.