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Electric Vehicle incentives

Governments can reduce barriers to EV / PHEV uptake by offering financial incentives to consumers and businesses, such as tax credits, rebates, and sales tax exemptions to consumers. As of May 1, 2019, the federal government offers purchase incentives of $5,000 for BEVs and long-range PHEVs, and $2,500 for shorter range PHEVs. Fleet owners can access up to ten of these light-duty vehicle incentives. Federal incentives are set to end in March 2025.