Ireland’s first EV Marketplace launched to speed switch to electric vehicles

A  new EV Marketplace has been launched, the first of its kind in Ireland.  Developed in partnership with Nevo – Ireland’s only dedicated EV platform, designed to help drivers research, compare, and transition to electric motoring – the new digital marketplace aims to make it radically simpler and quicker for consumers to switch to electric vehicles.

The launch comes as the consumer drive towards EVs accelerates.  Bank of Ireland’s EV lending grew by 46% in 2025, with the pattern of growth continuing in 2026.  The Bank’s 16 motor brand partnerships accounted for 43% of all new EV sales YTD May 2026.

New Irish EV Marketplace

Accessible via the Bank of Ireland website, the new EV Marketplace offers a seamless, end-to-end journey for customers considering switching to electric. The new platform brings together:

• Trusted EV education to demystify ownership
• Vehicle discovery tools to compare models and options
• Integrated Bank of Ireland finance solutions to support affordability

• The ability to arrange a test drive with your local car dealership on the marketplace

Bank of Ireland’s latest credit and debit card spending data for May reveals a significant increase in spend on EV charging and usage of charging stations year on year. Spend on EV charging for May 2026 showed an increase of 84.53% when compared to the same period last year, signalling strong growth in electric driving.

Susan Russell, CEO, Retail Ireland, Bank of Ireland: “Our electric vehicle lending figures and the consumer spend on EV charging all point in one direction – the drive towards electric vehicles is accelerating. Our unique Electric Vehicle Marketplace is about maintaining that momentum, giving customers the tools, knowledge and financial support to make the switch with confidence.

“This launch will also help us play an even stronger role in building a more sustainable future. As part of our strategy, we have set a target to reach €30 billion in sustainable lending by 2030.  Getting there will require innovative solutions and unrivalled financial choice, that meets our customers’ needs now and for generations to come.

“This market first, one-stop shop for customers to explore, compare and finance electric vehicles strengthens our leadership in sustainable finance, deepens customer relationships, and positions us at the centre of Ireland’s electric vehicle ecosystem”.

Breaking down barriers to adoption

Nevo’s Q2 National Electric Vehicle survey just launched, highlighting that:

• One in three consumers cite recent fuel price increases as a key driver for switching
• The upfront cost of Electric Vehicles remains the biggest barrier

The Electric Vehicle Marketplace has been designed specifically to tackle these challenges, combining education, transparency and flexible financing to make switching more accessible.

Simon Anadreucetti, Managing Director, Nevo

“Two in five Irish consumers plan to buy an electric vehicle within the next two years, and battery electric vehicle registrations are already up over 50% in 2026 alone. The appetite is clearly there. The barrier has always been confidence; confidence in understanding the costs, the finance options, and which vehicle is right for the customer. That’s exactly what the Bank of Ireland and Nevo partnership solves.

The Bank of Ireland Electric Vehicle Marketplace, powered by Nevo, together with the new finance application flow now available on both Nevo.ie and the Bank of Ireland Electric Vehicle Marketplace, are firsts for the Irish market. Together, they give consumers the tools to browse new vehicles from every brand, view real monthly pricing across PCP and HP products, and complete their finance application seamlessly, all in one place. Nevo is proud to partner with Bank of Ireland to launch these first-to-market digital solutions, making going electric more accessible and more straightforward than ever before. This is another step in our commitment to sustainable mobility for both of our customers”.

To find out more, visit Bank of Ireland Electric Vehicle Marketplace .

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