Featured Canada updates iZEV federal incentive

As part of the new federal budget, Canada has extended/adjusted the federal Incentive for Zero Emissions Vehicles. The amount have not changed ($5,000 for EVs, and $2,500 for PHEV with lesser EV capability), however the rules of how they qualify have changed a bit.

In summary, now they will measure based on All Electric Range (>50km) rather than battery size (>15kWh) as it was previously, to determine whether the vehicle is entitled to the full or partial incentive. As a result, this upgraded the incentive for a couple existing PHEV SUVs. As always, provincial incentives layer on top of this, if available.

https://tc.canada.ca/en/road-transportation/innovative-technologies/zero-emission-vehicles/list-eligible-vehicles-under-izev-program

Some potential good news could be that although the current Prius Prime is rated in Canada for 40km and only gets the lesser rebate, IF Toyota does squeeze an ~11KWh battery into the next PP (to match Kia, etc), then it *may* creep over the 50km range line in the sand, and qualify for the larger incentive… One can hope…