Quebec provincial government plans to gradually eliminate electric vehicle (EV) purchase incentives in 2024 budget.
Quebec automobile dealers are concerned over the provincial government's decision to gradually eliminate incentives for electric vehicle (EV) purchases, as announced in the 2024 Budget. Quebec, amid an affordability crisis, is facing the need for purchase rebates to meet its ZEV standard, which requires manufacturers to distribute EVs in the province. The government's rationale behind the decision to end the rebate has been criticized by industry experts, who argue that price parity between electric and internal combustion engine vehicles is not expected until 2033.
March 13, 2024
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