A third passenger remains in a critical condition.
The two victims of a road accident in Co. Mayo have been named locally as Jack O’Hora (21) and Ricky Langdon (28).
The pair were traveling in a black Audi vehicle, along with a third man, when it crashed along the Killala Road in Ballina, Co Mayo at 11:15pm on Monday night.
The third man, aged 29 and also from the local area remains in a critical condition in hospital following the tragic collision.
Local councillor Gerry Ginty told the Independent that the town of Ballina is in shock.
"It's very tragic that two young men lost their lives and a third is fighting for his life.
"My heart goes out to the poor mothers and fathers who were woken up last night to the horrible news."
Mr Ginty said that the three young men were friends and were very well-known in the area.
"Last night when the news broke, a large crowd of teenagers and people in their 20s gathered at the scene in shock. It was a very bad sight, they were all in a terrible state.
"The lads are from Ballina and come from well respected families. My thoughts are with them all."
Gardai are continuing to appeal for witnesses to the single vehicle collision which occurred at around 11.15pm last night.