B.C. lowers rebate cap on electric vehicles, triggers industry backlash

  • 📰 PGCitizen
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

On Tuesday, B.C.'s $4,000 rebate for vehicles deemed electric 'cars' was restricted to models that cost $50,000 or less — a $5,000 reduction from the previous cap.

The heads of major Canadian automobile industry associations slammed the B.C. government Tuesday over what they claim was a unilateral decision to cut about 75 per cent electric and hybrid models from its rebate program.

“With electric vehicle sales increasing faster than anticipated and currently at record levels, we needed to make adjustments to our CleanBC electric vehicle rebate program given available funding,” said the minister. “This came as a complete surprise to industry,” said Kingston in a call from Ottawa. “B.C. has established the most aggressive ZEV sales in North America and now it is pulling back” in a move that “all but guarantees the government’s mandated targets will not be met.”

In her statement, Minister Osborne said there are still more than 70 vehicle trims eligible under the government rebate program. She said “larger category” vehicles like pickup trucks and vans can still receive rebates if they don’t exceed a manufacturer suggested retail price of $70,000. Osborne also said the province expects more models to be available as manufacturers lower prices.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 65. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Biden, G-7 Leaders Agree to Finance Ukraine With $50 Billion LoanPresident Biden and G-7 leaders agreed to finance Ukraine with a loan backed by profits on frozen Russian assets. Biden also signed a long-term security...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »