Bank of Ireland has reportedly unveiled the country’s so-called dedicated Electric Vehicle (EV) Marketplace, a digital platform developed in collaboration with Nevo, Ireland’s EV-focused platform. Launched on 11 June 2026, this innovative tool is set to simplify and accelerate the transition to electric motoring for Irish consumers by providing a comprehensive, user-friendly experience.
The initiative arrives amid surging interest in electric vehicles. Bank of Ireland reported a 46% increase in EV-related lending during 2025, with this upward trajectory persisting into 2026.
The bank’s partnerships with 16 leading motor brands have contributed significantly, accounting for 43% of new EV sales in the year to date through May 2026.
Additionally, consumer spending data highlights robust growth in EV usage, with May 2026 credit and debit card transactions on charging stations rising by over 84% compared to the previous year.
Accessible directly through the Bank of Ireland website, the EV Marketplace delivers a complete end-to-end solution for potential buyers.
It integrates several key features: reliable educational resources to clarify the realities of EV ownership, advanced tools for exploring and comparing different models, seamless access to tailored financing options from Bank of Ireland, and the convenience of scheduling test drives at nearby dealerships.
This holistic approach addresses common hurdles in the switch to electric, creating a one-stop digital hub that streamlines what was previously a fragmented process.
Recent insights from Nevo’s Q2 National Electric Vehicle survey underscore the timeliness of this launch.
Approximately one in three consumers point to rising fuel costs as a major incentive for moving to EVs.
However, the initial purchase price continues to represent the primary obstacle for many.
By combining clear information, pricing transparency, and flexible payment plans, the marketplace directly tackles these barriers, enablong drivers with confidence and practical support.
Susan Russell, CEO of Retail Ireland at Bank of Ireland, emphasized the platform’s role in sustaining momentum.
She noted that lending trends and charging expenditure data clearly signal accelerating demand for EVs.
The new marketplace equips customers with essential knowledge and financial tools to make informed decisions, while advancing the bank’s broader sustainability goals, including a target of €30 billion in sustainable lending by 2030.
Simon Andreucetti, Managing Director of Nevo, highlighted strong consumer intent, with two in five Irish adults planning an EV purchase within the next two years and battery electric vehicle registrations already up by more than 50% in 2026.
He described the partnership as breaking down confidence gaps around costs, suitability, and financing.
The platform allows users to browse vehicles from all brands, review realistic monthly costs under PCP and HP options, and submit finance applications—all within a single seamless interface.
This represents a market-first solution for Ireland.
The EV Marketplace not only reinforces Bank of Ireland’s position as a key player in sustainable finance but also fosters deeper customer connections and places the institution at the core of Ireland’s evolving electric mobility landscape. As the nation embraces greener transportation, this effort between Bank of Ireland and Nevo marks a significant step toward making electric vehicles more accessible and appealing to everyday consumers and drivers.