fbpx

Ontario adds price cap to EV incentive program

Canada (Nicolas Raymond)

The Canadian province of Ontario has made changes to its Electric Vehicle Incentive Program (EVIP), which has been renamed the Electric and Hydrogen Vehicle Incentive Program:

  • Incentives of up to $14,000 Canadian ($11,000 US) will be provided for eligible hydrogen fuel cell vehicles.
  • Incentives for EVs and PHEVs are now determined based on each vehicle’s electric range and seating capacity. The updated incentives vary from $5,000 ($3,900 US) to $14,000.
  • Incentives will no longer be provided for EVs or PHEVs with an MSRP of $75,000 ($58,500 US) or more.
  • Incentives will no longer be provided for vehicles leased for less than three years.

The EVIP Eligible Vehicle and Incentives List offers a listing of updated incentive values. The Electric and Hydrogen Vehicle Incentive Program Guide provides full details about the various incentives available.

 

Source: Ontario Ministry of Transportation via Green Car Congress
Image: Nicolas Raymond

Comments
Create Account. Already Registered? Log In

EV Engineering Webinars

The free webinar sessions from our Spring 2022 Virtual Conference are now available to view on-demand. Register for a session below to watch the recording and download the presentation.

LOAD MORE SESSIONS