Canada’s EV Rebate Program Surpasses 100,000 Cars Purchased
Following news that Tesla’s Model 3 Standard Range Plus has sold out in Canada and the U.S., the government of Canada has just surpassed an important milestone for its electric incentive program.
More than 100,000 zero-emission vehicles have been purchased or leased with Canada’s Incentives for Zero-Emission Vehicles (iZEV) program, according to a press release shared on Thursday.
Today, Minister Alghabra marked a milestone for the iZEV program. As of July 2021, more than 100,000 Canadian individuals and businesses purchased or leased a zero-emission vehicle. https://t.co/itegvIeITC pic.twitter.com/tL2gKZMJjI
— Transport Canada (@Transport_gc) August 12, 2021
The news was celebrated by Transport Minister Omar Alghabra in Ottawa this week at a press conference.
Canada Invests $5 Million into Homegrown ‘Project Arrow’ Electric Vehicle https://t.co/4HUzJyEmij
— TeslaNorth.com (@RealTeslaNorth) August 12, 2021
During the press conference, Alghabra said, “Canadians continue to remind us that addressing climate change is a top priority and the time to act is now. By making zero-emission vehicles more affordable, we put more of them on the road and reduce pollution in our cities and towns, while protecting the planet for future generations.”
The Government of Canada added over $287 million last fall to continue delivering the iZEV program, taking total funding to over $587 million. Tesla’s Model 3 qualifies for this federal EV rebate.
Canada’s EV registrations increased significantly in this year’s first quarter, with the largest growth happening in British Columbia and Quebec. Canada also released an updated goal for new gas car and truck sales last month, accelerating the target to end new gas sales by 2035 instead of the initially set goal of 2040.
The government has also announced the addition of 853 new EV chargers, with funding of $32 million set to help deploy the chargers.