Ontario to spend $285-million on electric vehicles and free electricity for charging
In its $7-billion Climate Change Action Plan, Ontario will invest $285-million on electric vehicles by 2025.
In the The Globe and Mail’s article Ontario to spend $7-billion on sweeping climate change plan, we can read the details about the $285-million investments towards electric vehicle by 2025 :
- $285-million for electric vehicle incentives :
- These include a rebate of up to $14,000 for every electric vehicle purchased;
- up to $1,000 to install home charging;
- taking the provincial portion of the HST off electric vehicle sales;
- an extra subsidy program for low– and moderate-income households to get older cars off the road and replace them with electric;
- and free overnight electricity for charging electric vehicles.
- The province will also build more charging stations at government buildings, including LCBO outlets, and consider making electrical vehicle plug-ins mandatory on all new buildings.
- The plan sets targets of expanding electric vehicle sales to 5 per cent of all vehicles sold by 2020, up to 12 per cent by 2025, and aiming to get an electric or hybrid vehicle in every multivehicle driveway by 2024, a total of about 1.7 million cars.