Canada ZEV rebate ending
- Thread starter R P
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Which is why I had my new Kona EV (on-route) transferred to dealer inventory so the iZEV dealer application and purchase paperwork could be processed on Friday last week.
The dealer iZEV administrator expects these funds to run dry within weeks as advised from Hyundai Corp. (or sooner) and was surprised that I was aware of this so soon after she received the e-mail.
It would be good advise for any other Canadians expecting delivery or considering an EV purchase to set the wheels in motion ASAP.
Supposed to be on a truck and should be delivered this week- fingers crossed
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bobisyouruncle
New Member
Bad news, the iZEV is fully committed and paused effective January 12, 2025 for new applicants. Hope you get your iZEV rebate!!
IMPORTANT UPDATE – iZEV PROGRAM PAUSED
The Incentives for Zero-Emission Vehicles (iZEV) Program funds have been fully committed. Consequently, the iZEV Program has now officially paused. We encourage you to visit our Frequently Asked Questions as they have been updated with regards to the Program’s pause. For additional questions, please write to [email protected].
IMPORTANT UPDATE – iZEV PROGRAM PAUSED
The Incentives for Zero-Emission Vehicles (iZEV) Program funds have been fully committed. Consequently, the iZEV Program has now officially paused. We encourage you to visit our Frequently Asked Questions as they have been updated with regards to the Program’s pause. For additional questions, please write to [email protected].
Yes it didn't take long for it's final conclusion, actually ended on Saturday Jan 11/25 according to an e-mail sent to my Hyundai dealer.
R P
Well-Known Member
So is it confirmed that you got the rebate for your new Kona?
R P
Well-Known Member
Congrats, and look forward to seeing some pics.Received confirmation on Monday, paperwork done and picked up car today.
I will post details and pictures in related threads within a day or two, it's been a lengthy one today and time for me to kick back and relax.
Just announced today: Hyundai, Nissan, VW and GM Canadian dealers offer $5k incentives to compensate for the iZEV program "pause".
GM and Nissan offer $5,000 incentives after Canada’s iZEV rebate program abruptly ends - Drive Tesla
So it is still not too late to purchase...at least until end of January.
The dealers are sitting on quite a bit of inventory so I would expect this has a lot to do with it. They had their committed orders in to the manufactures before the Feds suddenly abruptly ended the program.
GM and Nissan offer $5,000 incentives after Canada’s iZEV rebate program abruptly ends - Drive Tesla
So it is still not too late to purchase...at least until end of January.
The dealers are sitting on quite a bit of inventory so I would expect this has a lot to do with it. They had their committed orders in to the manufactures before the Feds suddenly abruptly ended the program.
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This article from Inside EVs adds a new dimension (not in a good way)
"The weekend before the program ended, there was a massive increase in claims from Tesla, as it claimed over half of the remaining $71.8 million (Canadian dollars).
Now a Canada Automobile Dealers Association spokesperson thinks Tesla may have done something unusual, possibly illegal.
“These dealers in good faith gave customers the money for a program that is always refunded,” said CADA spokesperson Huw Williams. “They shouldn’t be left making a payment on behalf of the Government of Canada.”
“Tesla had a run on the bank,” said Williams. “Somehow, Tesla gamed the system.”
As per Transport Canada rules, rebate applications "must" be filed before the car is delivered. But that rule was apparently not being enforced, so it’s possible that previous claims were filed right before the rebate program was ending. Some officials likened that to the “Black Friday” of EV sales.
One Tesla store in Quebec City alone filed for 4,000 rebates in a weekend, according to the report. Now dealerships that were unable to file for reimbursements are in the red for as much as half a million dollars.
The dealers are fighting back hard and have the attention of Canada’s Transport Minister Anita Anand, who said she was “disappointed” at what happened and has ordered a review. "
"The weekend before the program ended, there was a massive increase in claims from Tesla, as it claimed over half of the remaining $71.8 million (Canadian dollars).
Now a Canada Automobile Dealers Association spokesperson thinks Tesla may have done something unusual, possibly illegal.
“These dealers in good faith gave customers the money for a program that is always refunded,” said CADA spokesperson Huw Williams. “They shouldn’t be left making a payment on behalf of the Government of Canada.”
“Tesla had a run on the bank,” said Williams. “Somehow, Tesla gamed the system.”
As per Transport Canada rules, rebate applications "must" be filed before the car is delivered. But that rule was apparently not being enforced, so it’s possible that previous claims were filed right before the rebate program was ending. Some officials likened that to the “Black Friday” of EV sales.
One Tesla store in Quebec City alone filed for 4,000 rebates in a weekend, according to the report. Now dealerships that were unable to file for reimbursements are in the red for as much as half a million dollars.
The dealers are fighting back hard and have the attention of Canada’s Transport Minister Anita Anand, who said she was “disappointed” at what happened and has ordered a review. "