Ministry result

British Columbia improves reimbursement for electric vehicles to a maximum of $4,000: ministry

Individuals with personal income over $100,000 or households with income over $165,000 are no longer eligible for the discount

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The provincial government says it is improving its rebate program for electric vehicles to make them more affordable and accessible.

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A news release from the Ministry of Energy, Mines and Low Carbon Innovation says the maximum provincial rebate for battery electric, fuel cell electric and long-range plug-in hybrid vehicles is increased from $3,000 at $4,000.

The maximum rebate for lower-end plug-in hybrid electric vehicles increases to $2,000 from the previous high of $1,500.

The ministry says eligibility for a rebate will be based on income levels, with an individual earning up to $80,000 or a household with an income of up to $125,000 eligible for the maximum rebate.

As personal or household income increases, rebate eligibility decreases on a sliding scale until individuals with personal incomes over $100,000 or households with incomes over $165,000 n are no longer entitled to the discount.

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The statement says 2020 tax returns show more than 90% of B.C. residents are eligible for an electric vehicle rebate and can save up to $9,000 on buying or leasing an electric vehicle. a new electric vehicle when combined with federal incentives.

The president of the New Car Dealers Association of BC says the revised rebates will make zero-emission vehicles more affordable for low-income people.

Blair Qualey says the changes are “positive steps” and his association expects more.

“While we can understand that the government still faces the difficult position of trying to manage program spending and budgets, we will be monitoring how changes for high-income participants may impact uptake (vehicle zero emissions),” Qualey said in a statement.

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The price cap to determine eligibility for vehicle rebates in British Columbia remains at a maximum of $55,000 for compact and full-size cars, but the Ministry of Energy statement says a second category is added to support those in need of larger EVs, such as EVs coming soon. arrive minivans, sport utility vehicles and pickup trucks.

The cap for these vehicles has been set at a maximum retail price of $70,000, the statement said.

He says British Columbia has also increased the affordability of electric vehicles this year by exempting them from provincial sales tax.

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