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.
Note: Monthly data reflects new rebate claims submitted to Transport Canada. It is subject to later revision by the department.
Electric-vehicle rebate claims continued to climb in May, topping the 20,000-vehicle mark for the first time in 2024, according to the latest monthly data available from Transport Canada.
