Hybrid Car Rebate Canada
Transport canada announced a national purchase incentive program for electric vehicles.
Hybrid car rebate canada. It also includes electric motorcycles. The izev program is managed by transport canada and offers up to 5 000 off the purchase price of a qualifying new battery electric vehicle 2 500 5 000 on a plug in hybrid depending on battery size and up to 5 000 for a hydrogen fuel cell vehicle. Eligible vehicles are listed on the program page. Here our 2020 best hybrid cars in canada.
List of all federal provincial and municipal incentives for electric cars and plug in hybrids in canada. Hybrid and electric vehicles have made it to the market every time with more and more pressure to compete. For more information visit. Canadians who purchase or lease a shorter range plug in hybrid vehicle will receive an incentive of 2 500.
The credit amount will vary based on the capacity of the battery used to power the vehicle. Those interested in purchasing a zero emission vehicle zev in canada have access to a variety of incentive programs. This includes fully electric plug in hybrid hybrid and hydrogen fuel cell cars. Zero emission vehicles help fight climate change transportation is the second largest source of greenhouse gas ghg emissions in canada.
There are several incentive programs available to help canadians make the acquisition of an electric car a plug in hybrid ev or a hydrogen fuel cell vehicle. Federal tax credits for new all electric and plug in hybrid vehicles federal tax credit up to 7 500. Story continues below advertisement. Since the early 2000 s when toyota launched the prius in north america many manufacturers have been chasing the hybrid vehicle sector with caution.
All vehicles that appear on the list have been deemed eligible under the izev program based on manufacturer s suggested retail prices msrps provided to transport canada by automakers. This accounts for a quarter of canada s total ghg emissions and almost half of those emissions come from cars and light trucks. For the purposes of this program msrp excludes additional costs such as freight delivery and other fees. 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.
For more information visit. All electric and plug in hybrid cars purchased new in or after 2010 may be eligible for a federal income tax credit of up to 7 500. Refer to the full list of hybrid electric vehicles for a more complete and detailed browsing.