Ontario government ends electric and hydrogen vehicle incentive programs - Action News
Home WebMail Sunday, November 10, 2024, 08:54 PM | Calgary | 1.4°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Toronto

Ontario government ends electric and hydrogen vehicle incentive programs

The Ontario government announced Wednesday that it has ended incentive programs for electric and hydrogen vehicles and electric vehicle charging stations, with the latter ending immediately.

Incentives for electric vehicle charging stations will end immediately, Ministry of Transportation says

Incentive programs for electric and hydrogen vehicles and electric vehicle charging stations have ended, the Ontario government announced Wednesday. (Brandy Baker/The Associated Press)
The Ontario government announcedWednesday thatit has ended incentive programs forelectric and hydrogen vehicles and electric vehicle charging stations, with the latter ending immediately.

The movecomes just over a week after the provincial governmentcancelled the cap-and-trade program as a part of cost-saving measures.

The Ministry of Transportation said both the electric and hydrogen vehicle and electric vehicle charging incentiveprograms were funded through cap-and-trade proceeds and were cancelled as a result.

While the Electric Vehicle Charging Incentive program was cancelled as of Wednesday, charging stations purchased and/or installed before July 11 will be able to receive incentives through theprogram if the application is submitted within 60 days.

The province says cancelling thecap-and-trade programwill help it achieve its goal of bringing gas prices down by 10 cents a litre and cutting costs for Ontarians by $1.9 billionper year.