Bmw electric car rebate. On july 3 2018 ontario cancelled the cap and trade programgiven the electric and hydrogen vehicle incentive program and the electric vehicle charging incentive programs are funded through cap and trade proceeds these programs are cancelled. Besides the leaf there are ev versions of the ford focus volkswagen golf audi a3 bmw i3 and a bunch of other cars. The provinces new government has cancelled the rebate program for buyers of electric and. What about other electric cars.
Sorry electric car drivers youre officially out of fashion in ontario. The bmw i is a sub brand of bmw founded in 2011 to design and manufacture plug in electric vehicles. Pge announced a new 3000 purchase incentive for new nissan leafs that comes directly off the purchase price and on top of a 7000 rebate from the state and the 7500 federal tax credit. The companys initial plans call for the release of two vehicles.
All electric and plug in hybrid cars purchased in or after 2010 may be eligible for a federal income tax credit of up to 7500. Federal tax credits for all electric and plug in hybrid vehicles federal tax credit up to 7500. See all car buying tips news features recommended articles. The credit amount will vary based on the capacity of the battery used to power the vehicle.
But factor in the different rebates and tax credits available and the cost becomes quite attractive. The i3 and i3s are offered with an optional range extending gasoline enginethe i3 was bmws first mass produced zero emissions vehicle and was launched as part of bmws electric vehicle. The bmw i3 is a b class high roof hatchback manufactured and marketed by bmw with an electric powertrain using rear wheel drive via a single speed transmission and featuring an underfloor li ion battery pack. Series production of the bmw i3 destined for retail customers began in september 2013 and.