British Columbia EV Rebate Increases Up to $4,000
The government of British Columbia has increased the maximum EV rebate amounts offered, in order to help increase access to the rebate for the average household.
The CleanBC Go Electric Passenger Vehicle Rebate Program has raised the rebate on battery-electric vehicles, fuel-cell EVs and long-range plugin hybrid EVs from $3,000 to $4,000 CAD ($3,110 USD), while the rebate for shorter-range plugin hybrid EVs has increased from $1,500 to $2,000, announced on Tuesday.
Minister of Energy, Mines and Low Carbon Innovation Bruce Ralston said, “More and more people in British Columbia want to get an electric vehicle to save money on gas and reduce their carbon footprint.” Ralston continued, “We’re improving our rebate program to make EVs more affordable and accessible for more families.”
Tesla Vehicles Snubbed from Texas EV Rebate Program https://t.co/8cFtHWsyMX
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The income brackets for the EV rebates depend on a person or household’s income level.
Individuals who earn up to $80,000 or households who earn up to $125,000 CAD are eligible for the maximum rebates of $2,000 for short-range plugin hybrids and $4,000 for all other EV types.
Individuals between $80,000 and $100,000, or households between $125,001 and $165,000 are eligible for rebates of $500 for a short-range hybrid and $2,000 for other EVs.
Those making above $100,000 CAD or households making above $165,000 CAD will not be eligible for the rebates.
There’s a price cap for B.C. EV rebates at up to $55,000 CAD for compact and full size cars. That eliminates the Tesla Model 3. For larger EVs coming, such as minivans, SUVs and trucks, a retail price cap of $70,000 CAD applies. That eliminates the Tesla Model Y and Model X (and possibly the Cybertruck if a RWD version is not available).