The Province is making changes to the electric vehicle purchase incentive. The incentive has also expanded to include even more new and used vehicles as well as converted EVs from PEI’s Upcycle Green Technologies.
Plus, used vehicles with a sticker price of up to $70,000 are now eligible for a rebate, up from $55,000.
There are also improvements under the incentive related to EV chargers. Previously,
a free standard charger was shipped to the vehicle owner. Now, $750 will go towards the purchase and installation of the owner’s preferred charger, or charging expenses for those unable to install a charger (such as those who live in an apartment).
It brings the total provincial incentive to $5,750 for eligible battery electric vehicles and $3,250 for eligible plug-in hybrids.
