Mar 12, 2018

Ontario adjusts PEV subsidy based on range, size and price

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The Canadian province of Ontario has adjusted its Electric Vehicle Incentive Program (EVIP). It now includes fuel cell vehicles but also determines eligibility of PEVs based on their range and seating capacity. It exempts luxury EVs such as Tesla’s.

Ontario’s updated subsidy policy is now called the Electric and Hydrogen Vehicle Incentive Program. Buyers of plug-in vehicles receive up to 14,000 Canadian dollars (about 8,850 euros) for each purchase.

The new programme includes fuel cell vehicles while the rules for battery-electric plug-ins have become more refined. The updated incentives vary from 5,000 to 14,000 Canadian dollars but take into account the range and also how many passengers can use the PEV at any one time. This could be beneficial for families that need a larger car.

However, the subsidy will no longer be provided for BEVs or PHEVs with a price of 75,000 dollars or more, meaning Tesla’s Model S and Model X will not be state-funded any longer. The same goes for BEVs or PHEVs leased for less than three years.

greencarcongress.com, mto.gov.on.ca (policy), electrek.co (Tesla)

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Found on electrive.com
https://www.electrive.com/2018/03/12/ontario-adjusts-pev-subsidy-based-on-range-size-and-price/
12.03.2018 19:25