Modernized EVIP Program - Ontario Canda
A note for existing and potentially new EV vehicle purchasers in ONTARIO....
In 2010, the Electric Vehicle Incentive Program (EVIP) was introduced to support the adoption of electric vehicles (EVs), to reward early adopters, and to create market demand for new technology. To further support the goals of Ontario’s Climate Change Strategy and promote increased EV adoption, new EVIP program parameters were developed to make EVs even more affordable. The new EVIP is effective February 10, 2016.
The EVIP has been modernized to:
make EVs more affordable;
provide additional incentives for vehicles with large batteries and greater capacity to carpool;and
to cap incentive amounts for luxury vehicles.
Of special interest to folks here, is that the 2016 Volt incentive has been raised from $8,500 to $11,877 ! Good news!
A note for existing and potentially new EV vehicle purchasers in ONTARIO....
In 2010, the Electric Vehicle Incentive Program (EVIP) was introduced to support the adoption of electric vehicles (EVs), to reward early adopters, and to create market demand for new technology. To further support the goals of Ontario’s Climate Change Strategy and promote increased EV adoption, new EVIP program parameters were developed to make EVs even more affordable. The new EVIP is effective February 10, 2016.
The EVIP has been modernized to:
make EVs more affordable;
provide additional incentives for vehicles with large batteries and greater capacity to carpool;and
to cap incentive amounts for luxury vehicles.
Of special interest to folks here, is that the 2016 Volt incentive has been raised from $8,500 to $11,877 ! Good news!
