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Canada launched a new EV incentive program offering up to $5,000 for new electric vehicles made in Canada or partner countries, effective February 16, 2026.
Canada launched the Electric Vehicle Affordability Program on February 16, 2026, offering up to $5,000 for new EVs and $2,500 for plug-in hybrids, with incentives phasing out by 2031.
Rebates apply only to vehicles made in Canada or in free-trade partner countries, and require pre-approval by dealers through Transport Canada.
A $50,000 price cap applies to non-Canadian vehicles, but Canadian-made models exceeding this price may still qualify.
The program replaces the iZEV initiative and restricts eligibility to new registrations, with one rebate per individual and up to ten per business.
As of February 18, some EV and PHEV models are listed as eligible, though pricing can disqualify even listed vehicles.
Fuel-cell vehicles are technically eligible but none meet criteria due to high costs and limited hydrogen infrastructure.
Canadá lanzó un nuevo programa de incentivos EV que ofrece hasta $ 5,000 para nuevos vehículos eléctricos fabricados en Canadá o países socios, a partir del 16 de febrero de 2026.