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Friday 29 April 2022

More new electric vehicles now eligible for federal EV rebate, but key concerns remain

While Transport Canada’s Earth Day announcement means some higher-priced electric vehicle models, particularly SUVs and pickups, are now eligible for the federal iZEV program, used EVs are still excluded and the rebate is unchanged at $5,000.

More new electric vehicles sold in Canada will be eligible for the federal government’s $5,000 purchase rebate for EVs as Transport Canada has announced new price ceilings for light- and medium-duty vehicles.

Under the new rules, which took effect April 25, the rebate is available on EV passenger car models with a base price under $55,000, higher-priced versions of those models up to $65,000, larger vehicles including SUVs, minivans and pickup trucks with a starting price of $60,000, and more expensive versions of those models up to $70,000.

Read the whole news on electricautonomy.ca


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