Tesla Leads EV Rebates in Canada Again, Tops 20k Cars for First Time

Electric vehicle rebate claims in Canada surpassed 20,000 in May for the first time in 2024, according to Transport Canada.

Tesla continued to dominate the Incentive for Zero-Emission Vehicles (iZEV) program, maintaining its lead for the fourth consecutive month despite strong competition from Hyundai and Kia, according to Automotive News.

In May 2024, Tesla recorded 4,826 rebate claims, bringing its year-to-date total to 20,293. Hyundai followed with 2,625 claims for the month and 10,291 for the year, while Kia registered 2,005 claims in May, totaling 6,691 for 2024.

Among battery-electric vehicles (BEV), Tesla’s Model Y led the rebate claims with over 3,000 in May, followed by the Model 3 with around 1,500 claims. The Volkswagen ID.4 came in third with 1,129 claims. The Tesla Model Y’s year-to-date total reached 14,797, and the Model 3’s total was 5,496.

In the plug-in hybrid (PHEV) category, the Mitsubishi Outlander PHEV topped the list with over 1,500 claims. The Ford Escape PHEV and Toyota Rav4 PHEV followed with 906 and 876 claims, respectively. The Outlander PHEV’s year-to-date total climbed to 5,061.

Rebate claims in May totaled 20,072, a significant increase from the previous year. Quebec accounted for the majority of the claims with 11,247, followed by Ontario with 3,974 and British Columbia with 3,368.

This surge in rebate claims highlights the growing adoption of electric vehicles in Canada, with Tesla continuing to lead the charge in both BEV and overall iZEV program participation.