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May 04, 2023 10:54 AM

ZEVs qualifying for federal rebate surged to all-time monthly high in March

Deliveries across all brands reached 9,794 during March, more than their level in January and February combined, according to Statistics Canada

David Kennedy
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    Tesla Model 3 Tokyo 2022 BB.jpg
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    Following its high-profile pricing cut Jan. 12 that requalified the Model 3 for the iZEV program, Tesla distanced itself from the pack in March with 2,695 eligible deliveries.

    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.

    Shipments of battery-electric and plug-in hybrid vehicles eligible for the federal incentives for Zero-Emission Vehicles (iZEV) program swelled to an all-time high in March.

    Deliveries across all brands reached 9,794 during the month, more than their level in January and February combined, according to the latest data from Statistics Canada, which also revises down previously reported figures for February.

    Following its high-profile pricing cut Jan. 12 that requalified the Model 3 for the iZEV program, Tesla distanced itself from the pack in March with 2,695 eligible deliveries. Hyundai and Chevrolet placed second and third with a respective 1,239 and 1,187 qualifying shipments.

    iZEV incentives by brand

      March February 2023 YTD
    Tesla2,6951,0303,726
    Hyundai1,2395912,438
    Chevrolet1,1877042,563
    Toyota9333051,897
    Mitsubishi8094951,911
    Volkswagen4542471,109
    Nissan443153692
    Kia385110646
    Jeep296197720
    Polestar208163573
    Volvo207225575
    Audi19186452
    Subaru15294350
    BMW14982331
    Chrysler14533283
    Source: Transport Canada

    Following just the Tesla Model 3, the Chevrolet Bolt EUV posted 975 eligible deliveries in March.

    Hyundai’s pair of all-electric models ranked third and fourth, with qualifying deliveries of the Kona and Ioniq 5 reaching 614 and 504, respectively.

    The Volkswagen ID4 rounded out the top five BEVs with 454 eligible deliveries.

    iZEV incentives by BEV

      March February 2023 YTD
    Tesla Model 32,6951,0303,726
    Chevrolet Bolt EUV9755171,961
    Hyundai Kona6143251,280
    Hyundai Ioniq 55042541,001
    Volkswagen ID.44532461,107
    Toyota bZ4X296119782
    Nissan Leaf26065419
    Chevrolet Bolt212182602
    Polestar 2208163573
    Nissan Ariya18388273
    Source: Transport Canada

    Among PHEVs, the Mitsubishi Outlander added to its commanding lead in the segment so far this year. The automaker shipped 809 eligible models in March, bringing its tally for 2023 to 1,911.

    No other eligible PHEV has topped the 1,000-vehicle-mark so far this year.

    The Toyota Rav4 PHEV is closest. The automaker delivered 618 qualifying Rav4s in March and has shipped 916 since the start of the year.

    iZEV incentives by PHEV

      March February 2023 YTD
    Mitsubishi Outlander PHEV8094951,911
    Toyota Rav4 PHEV618144916
    Jeep Wrangler 4xe PHEV296197720
    Chrysler Pacifica PHEV14533283
    Lexus NX 450h+ PHEV11165270
    Kia Sorento PHEV10521132
    Hyundai Tucson PHEV989117
    Kia Sportage PHEV54564
    Ford Escape PHEV5082255
    BMW 330e PHEV4538128
    Source: Transport Canada

    March marked a new high-water mark for the iZEV program with eligible coast-to-coast deliveries climbing to nearly 10,000, several thousand more than any previous monthly high.

    Provincial distribution remained static, however, with Quebec, British Columbia and Ontario accounting for 94 per cent of all qualifying deliveries.

    iZEV incentives by province

      March February 2023 YTD
    Canada9,7944,79219,305
    Quebec4,8152,1319,383
    British Columbia2,4641,1664,710
    Ontario1,9241,1413,924
    Alberta236167541
    Nova Scotia9644202
    New Brunswick7745162
    Manitoba6535138
    Saskatchewan512091
    Newfoundland and Labrador322182
    Prince Edward Island261654
    Yukon7617
    Northwest Territories101
    Nunavut000
    Source: Transport Canada
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