On average about 4,200 rebates were issued each month since the iZEV program launched in May 2019.
OTTAWA — The number of rebates issued for electric vehicles soared in the spring, sparking hope that sales of battery-powered cars and trucks might finally be on track to meet national targets set by Ottawa.
The uptake in rebates in the second quarter counters concerns about a slowdown in sales after a dip in new battery-powered vehicle registrations over the winter. The fall was the best quarter for EV registrations to date, inching closer to the milestone where one in every 10 vehicles added to Canada's roads are powered by batteries. But Canada wants that to be one in five vehicles by 2025, and more than one-in-two by 2030. By 2035 the goal is that no passenger vehicles sold will have combustion engines.
Kingston said recent surveys still show most Canadians reluctant to switch to an EV because they are too expensive to buy and there isn't confidence in the vehicle's range or the number of charging stations available. Registration statistics for April, May and June won't be available for another few months, but the number of rebates issued in those months dwarfed all previous records.
A report on electric vehicle inventories, prepared for Transport Canada in 2022 by the Montreal firm Dunsky Energy and Climate, showed inventories of electric vehicles had plummeted across the country from already low levels.
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