Ontario making electric vehicles more affordable

Categories: News
Published on: February 12, 2016

Government of Ontario / 10 February 2016

EV chargingOntario is putting its new Climate Change Strategy into action by introducing a new, modernized Electric Vehicle Incentive Program that will help reduce greenhouse gas pollution and make it easier for Ontarians to switch to an electric vehicle (EV).

Premier Kathleen Wynne made the announcement today at WaterPark Place in Toronto. Helping Ontarians shift to low- or zero-emissions vehicles is vital to achieving Ontario’s greenhouse gas pollution reduction target of 80 per cent below 1990 levels by 2050.

The province’s first Electric Vehicle Incentive Program was launched in 2010. Through this program, incentives were provided for the purchase of 4,800 electric vehicles and about 1,100 home chargers. The new, modernized program will:

  • Increase the current incentive range for EVs from $5,000 – $8,500 to $6,000 – $10,000
  • Provide an opportunity to receive an additional $3,000 incentive for vehicles with larger battery capacities
  • Provide an additional $1,000 incentive for vehicles with five or more seats
  • Continue to provide incentives linked to battery capacity of more than 5 kilowatt-hours
  • Cap incentives for vehicles priced between $75,000 and $150,000 at $3,000
  • Provide up to $1,000 for the purchase and installation of chargers for home and business use.

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