Progressive Conservatives to phase-out EV rebate program in Ontario
In Ontario, the incoming Progressive Conservatives government will phase out an existing electric-vehicle rebate program, under which rebates of up to $14,000 are available to consumers on the purchase of electric vehicles (EVs).
The Progressive Conservatives government, led by premier-designate Doug Ford, is scheduled for swearing-in on June 29, 2018.
The EV rebate program which the incoming PC government plans to scrap was established by the recently defeated Liberal government a few years back. The program applies to nearly 20 electric and hydrogen-fuelled models offered by 14 car manufacturers including Tesla Motors, BMW, Ford, and General Motors.
The key objective behind the EV rebate program by the Liberal government was to offer EV purchase incentives to motorists for giving an apparent kick-start to a switchover to low-emission vehicles. The funding for the EV purchase incentives partly comes from the cap-and-trade program.
About the future of the EV rebate program under Ford’s PC government, Jeff Silverstein -- spokesman for the premier-designate -- said on Wednesday: “Doug Ford has been clear that he is cancelling cap and trade and Kathleen Wynne’s climate change action plan.”
The statement by Silverstein clearly indicates that the Ford Conservatives’ government will be hitting the brakes on the EV rebate program. However, as of now, no deadline has been officially set by the incoming government for the phase-out of the EV rebate program.
Tesla CEO Elon Musk has recently said that the electric vehicle maker may speed up its Pickup program, with the possibility that the electric pickup truck may be introduced sooner than previously projected.
Japanese automaker Nissan has announced the launch of a new program under which old battery packs of Nissan LEAF electric vehicles will be replaced with ‘refabricated’ battery packs.
Tesla Motors CEO Elon Musk has recently confirmed that a new Autopilot interface will be released by the automaker as part of the upcoming Version 9 of the over-the-air software update which is scheduled for a rollout this summer.
Tesla Motors is already promoting its Semi electric truck to corporate clients.
Tesla CEO Elon Musk has said in a recent statement that the US-based electric vehicle manufacturer is considering the possibility of opening a new Gigafactory in Germany.
Electric vehicle sales increased by 31 percent across the United States for the data compiled till August 2017. As per InsideEVs report, 120,500 plug-in vehicles have been sold in the U.S.