Ireland is the third best seller European market of E85 flex-fuel vehicles, after Sweden and France. Bioethanol (E85) in Ireland is made from whey, a waste product of cheese manufacturing. The Irish government established several incentives, including a 50% discount in vehicle registration taxes (VRT), which can account for more than one third of the retail price of a new car in Ireland (around €6,500). The bioethanol element of the E85 fuel is excise-free for fuel companies, allowing retail prices to be low enough to offset the 25 per cent cut in fuel economy that E-85 cars offer, due to ethanol's lower energy content than gasoline. Also, the value added tax (VAT) on the fuel can also be claimed back. E-85 fuel is available across the country in more than 20 of Maxol service stations. In October 2005, the 1.8 Ford Focus FFV became the first flexible-fuel vehicle to be commercially sold in Ireland. Later Ford launched the C-max and the Mondeo flexifuel models. Saab and Volvo also have E85 models available.