Ireland’s first EV marketplace to speed switch to electric vehicles

Digital platform to help consumers research, compare, test drive and finance vehicles

Bank of Ireland has recently launched a new EV Marketplace, 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.

 

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“This launch will 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,” Susan Russell, CEO, Retail Ireland, Bank of Ireland, said.

She added: “getting there will require innovative solutions and unrivalled financial choice, that meets our customers’ needs now and for generations to come.”

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 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.

“Our electric vehicle lending figures and the consumer spend on EV charging all point in one direction – the drive towards electric vehicles is accelerating,” Russell said.

She added: “our unique Electric Vehicle Marketplace is about maintaining that momentum, giving customers the tools, knowledge and financial support to make the switch with confidence.”

Patryk Goron

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