British Columbia Releases Funds To Support Purchases Of EVs, CNG-Powered Vehicles

Last week, officials in British Columbia announced the availability of funding to support consumer adoption of clean-energy transportation technologies, particularly electric vehicles (EVs). A total of $17 million in funding was unveiled earlier this year as a part of the ‘Canada Starts Here: The BC Jobs Plan’ initiative.

The initiative's point-of-sale incentive program started on Thursday, official said. This program provides up to $5,000 off the sticker price of qualifying new battery electric, fuel-cell electric, plug-in-hybrid electric and compressed natural gas (CNG) vehicles.

Complementing these incentives are rebates of up to $500 per unit for residential EV charging stations that meet eligibility requirements and are purchased on or after Dec. 1, as well as a total of $6.5 million in infrastructure funding for EV charging points and upgrading existing hydrogen fueling stations.

These measures join the BC Scrap-It program, which offers funding of approximately $2.5 million to remove high-polluting, pre-1996 vehicles from the road. This program took effect on Nov. 5.

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