Phase two of B.C.’s Clean Energy Vehicle program will include $7.5 million in point-of-sale incentives for electric and hydrogen cell vehicles, Energy Minister Bill Bennett announced Monday (March 23) ahead of the opening of the Vancouver International Autoshow.
According to the minister, phase one of the program supported the sale of 915 electric cars and the development of over 1,000 charging stations in the province the result of which was approximately 57,000 tonnes of direct emission reductions.
Bennett said the province’s third consecutive balanced budget is how it’s able to afford to distribute a total of $10.6 million over the next three years to support the sale of development of clean energy vehicles.
The largest portion of that budget, $7.5 million, is going towards incentives for buying or leasing an electric vehicle, where up to $5,000 will be offered for plug-in hybrids and battery electrics and up to $6,000 for a hydrogen fuel cell vehicle.
In addition, B.C.’s Scrap-It Program announced Monday it would provide those who retire their year 2000 or older cars up to $3,000 towards the purchase of a new electric car.
This story first appeared in our sister publication Business in Vancouver. Click here to read more.
