Incentives for electric vehicles
Save up to $8,250 off the purchase price of a new EV
B.C. residents, businesses, non-profit organizations and local government organizations who purchase or lease qualifying new vehicles, are eligible for up to $5,000 off the pre-tax sticker price for qualifying new battery electric, fuel-cell electric, or plug-in hybrid electric vehicle.
What is known as the CEVforBC™ program also offers up to $6,000 in savings for a hydrogen fuel cell vehicle.
In addition, the SCRAP-IT program offers purchasers of new electric vehicles up to $3,250 if they scrap their older, gas-powered vehicle. Incentives, which vary on the model and year of the scrapped car, are designed to reduce greenhouse gas emissions and improve air quality by getting older vehicles off the road.
Which vehicles qualify for the up-to-$5,000 rebate?
The BC Ministry of Energy and Mines has established incentive amounts based on vehicle type and battery capacity. Battery electric, fuel cell vehicle and plug in hybrids above a 15kWh capacity are eligible for the full incentive amount up to $5,000, while plug-in hybrids below 15kWh (but above 4kWh) are eligible for incentives up to $2,500.
As of March 2, 2016, vehicles with an MSRP of more than $77,000 are not eligible for the incentive.
Get details of eligibility requirements, including a list of eligible vehicles, at cevforbc.ca/eligiblevehicles.