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The pricetag for that new hybrid or electric vehicle is going to come down a couple of notches, but only if you're a Canadian. The province of Ontario will begin offering rebates ranging from C$4000 to C$10,000 for qualifying hybrid and battery electric vehicles starting July 1, 2010.
Early electric vehicles are still bearing development costs, and the provincial premier wants to help build the market for these vehicles. "They tell me that when they roll the first of these off the assembly line, they're going to be expensive, relative to the traditional car powered by the regular internal combustion engine," he said. "We want to help people buy those first cars."
Rebates will apply only to vehicles capable of highway speeds, making alternative transport such as the Canadian-built ZENN car (which is not yet approved for highways) not qualified for the rebate. On the other hand, some of those manufacturers may be pushed to more actively pursue highway certification for their vehicles.
Along with the financial incentives, the province will also reportedly expand the number of recharging stations and will allow these cars to use carpool lanes. Maybe Toronto ought to join in the Great Electric Vehicle Race.
via: CBC News
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written by emmet, July 16, 2009
anyhow. i think ottawa oughtta join the race, being the national capital and all. also, it's the ontario city i'm most likely to move to in the near future.
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--Victor