Connect with us

Hi, what are you looking for?

CleanTechnica

Cars

Ontario Raises Some EV Incentives, Lowers Others

Originally published on EV Obsession.

The Canadian province of Ontario has gone ahead and increased the incentives available through the Electric Vehicle Incentive Program to up to CAD$14,000 per unit — up from the previous incentive range of CAD$5000-CAD$8,500 — according to a new press release.

The government there also decided to limit the incentives’ applicability to electric vehicles (EVs) that sell for under CAD$75,000 — with the intent clearly being to encourage the purchase of cheaper models, and also to no longer subsidize the purchase of luxury cars by rich people. EVs that sell for between CAD$75,000 and CAD$150,000 will reportedly still be eligible for incentives of up to CAD$3,000.

image

The move is apparently part of the province’s Climate Change Strategy, and was personally announced by Premier Kathleen Wynne at WaterPark Place in Toronto a few days ago. The province is currently aiming to reduce greenhouse gas emissions by 80% (as compared to 1990 levels) by the year 2050.

Here are the specifics, courtesy of the press release (a reminder, this is all in Canadian dollars):

  • Increase the current incentive range for EVs from $5,000 – $8,500 to $6,000 – $10,000
  • Provide an opportunity to receive an additional $3,000 incentive for vehicles with larger battery capacities
  • Provide an additional $1,000 incentive for vehicles with five or more seats
  • Continue to provide incentives linked to battery capacity of more than 5 kilowatt-hours
  • Cap incentives for vehicles priced between $75,000 and $150,000 at $3,000
  • Provide up to $1,000 for the purchase and installation of chargers for home and business use.

These changes are retroactive back to the first of the year (January, 1, 2016), so anyone that has bought an EV there since then can make a claim.

Though some commentators bang on repeatedly about us covering Tesla news too much… I’m going to go ahead and make the observation here that these changes will substantially lower the costs of purchasing a Model 3

To date, there are currently around 5800 EVs in Ontario, with 4800 of these pertaining to EVs purchased using this incentive program.

(Tip of the hat here to “phigment” on the Tesla Motors Club forum.)

Reprinted with permission.

 
Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
 

Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

Comments

You May Also Like

Cars

France’s auto market saw plugin electric vehicles (EVs) take 22.3% share of new sales in January, up from 17.6% year on year. Full electrics...

Bicycles

Shop local and get a rebate of up to $400 in DC!

Cars

New York City (NYC) recently announced plans to replace some 900 internal combustion vehicles with all-new, clean-running EVs!

Cars

December saw France’s plugin electric vehicles grow to take 25.0% share of the auto market, up fractionally from 24.4% a year ago. Full electrics...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.