Government expanding electric vehicle rebate program to include trucks, vans, SUVs

The federal authorities is increasing its electrical automobile rebate program to incorporate bigger automobiles corresponding to vans, SUVs and vehicles which beforehand had not certified.

This system, launched in 2019, provides a $5,000 rebate for totally electrical automobiles and $2,500 for hybrid automobiles, however had a value cap of $55,000 on a automobile buy.

Beginning subsequent week, the worth cap is being raised to $65,000 for vehicles and a brand new class will supply the rebate for bigger automobiles as much as $70,000.

This system’s enlargement was introduced within the price range earlier this month however Transport Minister Omar Alghabra introduced the brand new particulars on Friday.

The price range allotted $1.7 billion to proceed this system into 2025 and increase its scope.

The federal government is aiming to make 100 per cent of latest automobile gross sales zero-emission by 2035.