Hyundai consolidated its position in July as the largest volume brand under the federal Zero-Emission Vehicles (iZEV) program in 2022.
Hyundai continued to receive more iZEV rebates than any other brand in July
Hyundai delivered 1,088 battery-electric (BEV) and plug-in hybrid (PHEV) vehicles eligible for the incentive program during July, according to federal data
IZEV PROGRAM AT A GLANCE
The iZEV program provides a $5,000 rebate for BEVs, as well as PHEVs with electric range greater than 49 kilometres. PHEVs with less electric range qualify for $2,500.
The same eligibility criteria applies to both categories. Zero-emission passenger cars starting at less than $55,000, and higher-cost variants up to $65,000 qualify for the incentives. Larger vehicles such as pickups, minivans and SUVs must have a base price of less than $60,000, and higher-cost variants must start at less than $70,000. Higher-cost trim levels are not eligible.
The automaker delivered 1,088 battery-electric (BEV) and plug-in hybrid (PHEV) vehicles eligible for the incentive program during the month, bringing its total to 8,360 for the year, according to data from Transport Canada.
Hyundai snatched the top spot in the incentive program from Tesla last month, which had held the position for most of 2022. The electric vehicle maker ranked third in deliveries in July, handing over the keys to 501 eligible Model 3s. Its total for the year increased to 7,550.
Totals are based on the date the iZEV claim is submitted to Transport Canada, which occurs after the vehicle has been delivered to the consumer and the incentive has been applied at the point-of-sale.
In addition to BEV offerings from Hyundai, Tesla, deliveries of the Chevrolet Bolt and Bolt EUV climbed in July. The U.S. automaker delivered 482 crossover versions of the Bolt, plus 175 hatchbacks. The Bolt EUV trails only the Model 3, Hyundai Ioniq 5 and Hyundai Kona in eligible deliveries this year.
Three models that recently qualified for the federal incentive program also showed strong gains in July. Eligible Ford Mach E deliveries climbed to 292, accounting for more than half the model’s total in 2022. Following just 21 eligible shipments in June, Mini delivered 166 of its electric 3 Door Hatch last month. Deliveries of eligible Polestar 2s rose into triple digits for the first time, reaching 132 in July.
Jeep’s Wrangler 4Xe continued its climb in the PHEV segment in July with 420 eligible deliveries. The model has quickly gained ground on other PHEVs that qualify for iZEV incentives, despite only being added to the program in April when Transport Canada increased its pricing thresholds.
Deliveries of eligible Ford Escapes and Chrysler Pacificas both fell considerably from a month earlier.
Little changed provincially in July, as Quebec, British Columbia and Ontario continued to dominate the program.
Across Canada, deliveries in July declined slightly to 4,428, compared to the 4,646 deliveries the latest Transport Canada data shows for June. The iZEV program has supported the sale of 32,104 ZEVs since the start of 2022.