Jun 24, 2019 - 04:47 pm

Canada: BC updates EV incentive programme

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The government of British Columbia will now provide an extra $26.5 million to the CEVforBC programme. Simultaneously, the available rebates and the maximum price for qualifying electric cars were lowered to cover more vehicle purchases.

Starting on 22 June, the new policies will ensure that CAD 3,000 will be provided in purchase assistance for BEVs, FCEVs and longer-ranged PHEVs. CAD 1,500 will be provided in aid to shorter ranged PHEVs. This marks a decrease from the previous incentives, which offered between $2,500 and $6,000, depending on the kind of vehicle. Furthermore, the maximum cost for cars to qualify was revised from the previous $77,000 to $55,000.

“Part of our CleanBC plan, the CEVforBC program has been a resounding success. The changes we are making today will ensure it remains accessible and supports even more British Columbians in getting their first clean energy vehicle,” said Michelle Mungall, BC’s minister of energy, mines and petroleum resource.

The core idea behind the revisions to ensure that the subsidies will last longer overall. The grants stand in addition to the federal rebate of $5,000 for qualifying vehicles in Canada, and everyone that ordered or reserved cars under the previous programs will still receive the initial discounts. The rebates also work in connection with the BC Scrap-It programme, which incentivises the purchase of an EV with $3,000 if the driver turns in their old vehicle.

Nationwide, the Canadian government has recently clarified the subsidy policy for electric vehicles that started on 1 May 2019. Eligibility for the so-called iZEV rebate now depends on list price and the number of seats in an electric car and also the range in the case of plug-in hybrids.

cbc.ca, ctvnews.ca

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Found on electrive.com
https://www.electrive.com/2019/06/24/canada-bc-updates-ev-incentive-programme/
24.06.2019 16:53