B.C. government assigns $10 million to incentivize clean-energy vehicle purchases

The government of British Columbia is aiming to encourage buyers to purchase electric vehicles by contributing an additional $10 million to the Clean Energy Vehicle Program (CEVP). In the fall 2017 budget update, the B.C. government committed $40 million to the CEVP in order to invest in infrastructure and raise awareness of electric transportation. Of that money, $27 million was assigned to the CEVforBC vehicle incentive program: a scheme that provides a rebate when buying a new electric car. Due to the popularity of the incentive program, the $27 million would have been depleted by the end of this month (September 2018) without the additional $10 million top-up. “We are making it easier for everyone in our province to choose a clean-energy vehicle as their next purchase,” said Michelle Mungall, minister of energy, mines and petroleum resources. “These additional funds will make transportation more affordable today, while supporting our long-term work to build a cleaner future.” The cash injection will act as a bridge until the provincial government releases its new strategy for a clean-growth future, which will likely include a renewal of the CEVP program. The document is expected later this year. A transition to clean-energy vehicles will […]

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