Green Party of Ontario releases EV affordability plan

The Green Party of Ontario released today their EV affordability plan for Ontario residents if elected in the upcoming provincial election.

The plan would:

  • Make upfront costs of EVs less expensive than fossil fuel vehicles. Including cash incentives of up to $10,000 for buying a full EV.
  • Make low-cost financing for EVs readily available so most Ontarians can benefit from EVs’ lower total cost of ownership.
  • Adopt a zero-emission vehicle mandate to ensure Ontarians have a wide range of EVs to buy.
  • Significantly expand charging infrastructure in both public and private settings. This would include parking lots, highway rest stops, homes and transit stations.

The Green Party of Ontario is the first party to release anything in their platform to do with EV incentives this election season.

However, many pundits believe EVs and the auto sector in general will be a major discussion topic in the election.

Currently, the Green Party of Ontario has a single seat in the Ontario legislature.

If current polling remains accurate, the Green’s will receive 5 per cent of the vote, and retain their single seat in the legislature in this year’s election.

The Ontario provincial election is on June 2, 2022.

In 2018, Doug Ford scrapped the EV rebate program when it axed Ontario‘s cap-and-trade system. The EV rebate program received its funding from the provincial cap-and-trade system.

The Ford government is currently investigating ultra-low overnight electricity rates as a way to boost EV adoption in Ontario.

 

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