Up to $14K in incentives now being offered in Ontario for electric cars


Ontario has hint ated extra incentives for people who buy or lease electric vehicles that could shove available help to as much as $14,000.

Currently, incentives range from $5,000 to $8,500 per carrier. The province is increasing that to a range of $6,000 to $10,000 for the purchase or lease of suitable plug-in electric vehicles,

It will also offer an extra $3,000 spur for electric vehicles that have larger battery ca cities and an additional $1,000 if the channel has at least five seats.

The revised incentive program is primarily direct at the cheaper EVs. For vehicles priced at more than $75,000, the incentive order be capped at $3,000.

The new incentives have the potential to significantly reduce the cost of the less valuable electric vehicles. The Chevrolet S rk EV, for example, starts at $31,745.

Ontario prognosticates transportation emissions account for 35 per cent of greenhouse gas emissions in the countryside — the single largest source.

There are about 5,800 electric conveyances in Ontario.

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