Ontario is expanding their program to assist people across the province to make electric vehicles more affordable in an effort to reduce greenhouse gases. They had a program, the Electric Vehicle Incentive Program (EVIP) previously in place but have made some major reforms which can almost quadruple the original savings. The major change in the program is the removal of the $3000 cap in savings on electric vehicle incentives to 30 per cent of the manufacturer's suggested retail price (MSRP). The new incentive is now set at $14,000 across the board for electric vehicles that are applicable. However the vehicles that are part of the incentive program must be produced by automakers who are in partnership in Ontario's new Electric and Hydrogen Vehicle Advancement Partnership (EHVAP) and must have a MSRP of under $150,000.
The purpose of the EHVAP is help the province reach its overall goal of reducing carbon emissions. Their plan is to establish five per cent of new passenger vehicles sold or leased in the province are electric or hydrogen fueled by 2020. EHVAP includes auto manufacturers, environmental advocacy organisations and academic leaders to work in partnership with the government to advance electric and hydrogen powered vehicle technology and infrastructure to combat climate change. Some of the incentives to help people transition to electric and hydrogen vehicles include expansion of the publicly accessible charging infrastructure, requirement of all new workplaces, homes and townhouses to be "EV ready" by 2018, and access to High Occupancy Vehicle and High Occupancy Toll lanes for single occupant electric vehicles with green licenses plates without a fee.
The vehicles available to qualify for the $14,000 incentive program must now be purchased or lease (for three years) includes:
Although the reforms are in effect now, any vehicles purchased prior in 2017 can be retroactively apply for the same incentives. The province itself has committed to invest up to $100 million over the next five years to improve and create an accessible electric vehicle charging infrastructure across the province. The EVIP will not be static and will be reviewed annually to ensure it is an effective tool for promoting the adoption of electric vehicles in Ontario. There are currently 9000 electric vehicles registered in Ontario.