In an attempt to boost electric vehicle (EV) adoption in the province, Nova Scotia has announced $9.5 million in funding for a new EV incentive program.
Rebates of up to $3,000 will be available on the purchase of new EV and plug-in hybrid electric vehicles (PHEV). Used EVs and PHEVs will also be eligible for a rebate of up to $2,000. E-bikes will be eligible for a $500 rebate.
Nova Scotians will still be able to apply for the $5,000 federal iZEV rebate, meaning they can get up to $8,000 off the purchase of a new EV.
Transportation emissions are one of the biggest contributors to greenhouse gases. They’ve also shown to be one of the hardest to reduce. We are pleased to see the province build on the successful federal electric vehicle rebates. These incentives will be an important climate action tool for our province, and will help Nova Scotians choose an electric vehicle or e-bike for their next ride,said Scott Skinner, president and CEO, Clean Foundation.
No details were provided on which EVs and PHEVs will qualify for the rebate, but the program will have an upper price limit of $55,000.
The new rebate was announced this morning by the newly named Department of Environment and Climate Change.