The GSEVA is pleased with the announcement of the national EV incentive program launching on May 1st of this year.
“The purchase incentive for zero-emission vehicles will apply to eligible new vehicles that are purchased or leased on or after May 1, 2019. This incentive program is a measure announced in Budget 2019 and is subject to Parliamentary approval.
To be eligible for incentives, a vehicle must have a base-model manufacturer’s suggested retail price of less than $45,000 for passenger vehicles with six or fewer seats, and less than $55,000 for vehicles with seven or more seats. For eligible vehicles with six or fewer seats, higher priced versions (trims) are eligible as long as the final manufacturer’s suggested retail price is $55,000 or less.
Canadians who purchase or lease an eligible battery electric, hydrogen fuel cell, or longer range plug-in hybrid vehicle, will receive an incentive of $5,000. Canadians who purchase or lease a shorter-range plug-in hybrid vehicle will receive an incentive of $2,500.”
For more information on the program and eligible vehicles, visit canada.ca/zero-emission-vehicles or call 1 800 O-Canada (1-800-622-6232).