Canadian EV Rebate Program Runs Out of Money - What Now?
Posted: Tue Jan 14, 2025 12:37 pm
Canadas iZEV program is out of money. Over half a million EVs sold or leased since 2019. Impressive, right? But with the program paused, will EV adoption stall? Is this a temporary setback or a sign that government incentives arent sustainable in the long run?
With mandated EV sales targets looming, how will Canada achieve them without these rebates? Will manufacturers absorb the cost, passing it onto consumers anyway? Or will we see a slowdown in the transition to EVs?
More importantly, does this signal a need for a different approach? Perhaps a focus on charging infrastructure, battery technology advancements, or other incentives could be more effective. What are your thoughts on the future of EV adoption in Canada now that this program is on hold? Lets discuss.
With mandated EV sales targets looming, how will Canada achieve them without these rebates? Will manufacturers absorb the cost, passing it onto consumers anyway? Or will we see a slowdown in the transition to EVs?
More importantly, does this signal a need for a different approach? Perhaps a focus on charging infrastructure, battery technology advancements, or other incentives could be more effective. What are your thoughts on the future of EV adoption in Canada now that this program is on hold? Lets discuss.