End of Ontario electric vehicle rebate program expected to hit sales

End of Ontario electric vehicle rebate program expected to hit sales

“The reality is that without some kind of incentive in place to bridge that price differential between a regular, internal combustion engine vehicle and the more expensive electric or hydrogen vehicles, consumers just don’t purchase them in the same numbers.”

The Ontario program offered up to $14,000 back for buyers, but the new Ford government cancelled the rebate this week — along with the cap-and-trade program that helped fund it — as part of an effort to lower gasoline prices.

The incentives will be honoured for vehicles on order through a dealership, but they have to have been delivered and registered by Sept. 10. Adams said that could be a tight timeline for some orders so his organization will be pushing to extend it.

Customers who ordered the Tesla Model 3 electric vehicle say they’ve lost out on the grace period, even if they’re made non-refundable deposits, because the company sells vehicles directly to customers rather than through a dealership.

Source

dpi201487346

Comments

internationalfreepress