EV Week sees incentives for Decarbonizing Transportation

Chamber of Shipping > Blog > News > EV Week sees incentives for Decarbonizing Transportation

As part of EV Week in Canada, the federal government has unveiled incentives for the purchase of medium and heavy-duty electric vehicles. The Incentives for Medium- and Heavy-Duty Zero-Emission Vehicles (iMHZEV) Program began on July 11. Scheduled for four years, the program, will help businesses and communities across the country make the switch to zero-emission vehicles with close to $550 million in incentives. Battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs) are all eligible and purchase incentives are worth approximately half of the price difference between an electric vehicle and a traditional vehicle. The incentive tops out at $200,000 per vehicle (for a class 7/8 coach), and can be combined with provincial or territorial incentives.

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