How much funding can be received?

Funds up to 5000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Incentives for Zero-Emission Vehicles (iZEV) Program?

Incentives for Zero-Emission Vehicles (iZEV) Program is funded by Transport Canada

What are Incentives for Zero-Emission Vehicles (iZEV) Program's eligibility criterias?

Carsharing companies must be pre-approved by Transport Canada to be eligible for incentives. Eligible carsharing companies can receive up to 50 incentives per calendar year on qualifying vehicles.

Incentives for Zero-Emission Vehicles (iZEV) Program

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Canada

Incentives to purchase or lease light-duty ZEVs

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Grant and Funding

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Retail trade
Transportation and warehousing
Real estate and rental and leasing

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Transport Canada

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Access an incentive of up to $5,000 to purchase or lease a new light-duty zero-emission vehicle approved or listed on the program's list of eligible vehicles.

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The Incentives for Zero-Emission Vehicles Program encourages the increased adoption of zero-emission vehicles (ZEVs) among Canadians and Canadian businesses. This initiative aims to reduce transportation-related greenhouse gas emissions by supporting the purchase and lease of ZEVs.

Purchase or lease of eligible battery-electric vehicles.
Purchase or lease of eligible plug-in hybrid electric vehicles.
Purchase or lease of eligible fuel cell electric vehicles.

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$ 5,000

Purchase of a zero-emission vehicle for eco-friendly taxi service

$ 5,000

Leasing electric buses for a pilot mass transit program

$ 5,000

Leasing electric cars for community carsharing program

$ 5,000

Purchase of electric delivery van for sustainable logistics

$ 5,000

Electric vehicle purchase to reduce environmental footprint of a food delivery service

$ 5,000

Purchase of a plug-in hybrid electric vehicle for agricultural use

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Eligibility for incentives under the iZEV Program includes specific criteria related to the vehicle and the applicant.

The applicant must be a pre-approved carsharing company (as of March 28, 2023) to receive up to 50 incentives per calendar year.
The vehicle must be classified as a zero-emission vehicle (ZEV), including battery-electric, plug-in hybrid electric, or fuel cell electric vehicles.

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This iZEV Program allows certain entities to apply for incentives when acquiring eligible zero-emission vehicles in Canada, contributing to reducing transportation-related greenhouse gas emissions.

Dealerships selling or leasing eligible zero-emission vehicles.
Authorized sellers involved in the distribution of zero-emission vehicles.
Carsharing companies pre-approved by Transport Canada, eligible for incentives on a maximum of 50 vehicles per year.
Individuals and organizations looking to purchase or lease eligible zero-emission vehicles.

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There are specific types of companies that are not eligible for the grant. The following types are excluded:

Dealerships or sellers not pre-approved by Transport Canada
Companies that do not deal in zero-emission vehicles (ZEVs)
Organizations not compliant with the Consumer Consent Form

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Eligible activities under this grant are geared towards supporting the increased adoption and sales of zero-emission vehicles (ZEVs) in Canada. The focus is on benefiting consumers, dealerships, and businesses by providing incentives and resources for ZEV-related purchases and infrastructure.

Purchase or lease of eligible zero-emission vehicles by individuals and organizations under the iZEV Program.
Provision of incentives to pre-approved carsharing companies for acquiring eligible ZEVs.
Support for dealerships through program resources and mandatory forms to facilitate ZEV purchases and incentive claims.
Expanding access to zero-emission vehicle charging and refuelling infrastructure.

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The Incentives for Zero-Emission Vehicles (iZEV) Program in Canada has specific evaluation and selection criteria to determine eligibility for the grant.

Applicants must demonstrate the purchase or lease of an eligible zero-emission vehicle (ZEV) that meets program requirements.
The vehicle must be registered and driven in Canada by the applicant for a specified period.
Applicants need to submit complete and accurate documentation along with the incentive request.
Meeting the program's deadlines and following the guidelines set by Transport Canada are crucial for consideration.

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Here are additional relevant details for participants in the iZEV Program:

Carsharing companies have specific eligibility that allows them to receive up to 50 incentives per calendar year upon pre-approval by Transport Canada.
The new version of the Consumer Consent Form, effective from May 9, 2024, is mandatory for dealerships and authorized sellers to use.
Participants are likely expected to adhere to Canada's Zero-Emission vehicle sales targets, which aim for 100% of new light-duty sales to be zero-emission by 2035.
The Infrastructure Program aids in providing ZEV charging stations, which can facilitate the adoption and use of ZEVs.