B.C. Increasing EV Discount to a Maximum of $4,000
The government of British Columbia, one of the provinces with the highest numbers of EV sales in Canada, is increasing the maximum amount available under its EV discount program.
The discount available with purchase of a new fully electric, long-range plug-in hybrid or fuel-cell electric vehicle will increase from $3,000 CAD to $4,000, according to a statement by the province’s Ministry of Energy, Mines and Low Carbon Innovation.
As for lower-range plug-in hybrids, the available discount increases from a maximum of $1,500 to $2,000.
The government is placing limits on the amounts available based on income levels. Maximum rebates are thus possible for individual buyers earning $80,000 annually or less, or households with an income of $125,000 or less. Beyond those levels, the available discount reduces on a sliding scale; those individuals making more than $100,000 and those households pulling in more than $165,000 aren’t eligible for any discount.
“We’re helping make electric vehicles more affordable for more people in communities across the province. British Columbia is a leader in electric vehicle adoption, thanks to CleanBC, and we’re expanding access so that even more people can choose clean technologies that help avoid high gas prices, reduce maintenance costs and cut climate pollution.”Read more