Tesla Model 3 dominates iZEV rebate list in 2022 even though it became ineligible last year

In the first eight months of 2022, Transport Canada handed out 25,452 $5,000 iZEV rebates to Canadians. Even though the Tesla Model 3 became ineligible for the rebate in November 2021, a long order backlog means many customers taking delivery of the vehicle today are still receiving the rebate.

With that in mind, data from Transport Canada shows the Model 3 leads the way with 38 per cent of the rebates this year.

Here is the breakdown by province showing which iZEV eligible vehicles are most popular by the number of units sold between January and August. (via driving.ca)

  • British Columbia – Tesla Model 3 (3,848)
  • Alberta – Tesla Model 3 (165)
  • Saskatchewan – Hyundai Kona EV (24)
  • Manitoba – Tesla Model 3 (35)
  • Ontario – Tesla Model 3 (2,213)
  • Quebec – Tesla Model 3 (3,325)
  • New Brunswick – Hyundai Ioniq 5 and Tesla Model 3 (44 each)
  • Prince Edward Island – Chevrolet Bolt and Hyundai Kona EV (14 each)
  • Nova Scotia – Tesla Model 3 (55)
  • Newfoundland and Labrador – Hyundai Kona EV (32)

The rebates, of course, are limited to vehicles with the following:

  • Base model passenger cars up to an MRSP of $55,000
    • higher priced trims of the same vehicle below $65,000 also eligible
  • Station wagons, pickup trucks, SUVs, minivans and special purpose vehicles up to an MRSP of $60,000
    • higher priced trims of the same vehicle below $70,000 also eligible

So a fair amount of EVs on the Canadian market are not included in these numbers, including all Tesla models since November last year.

However, as we can clearly see, two automakers, Tesla and Hyundai, are dominating the iZEV program.

These numbers are likely to change over the remaining months of 2022 as Tesla works through its order backlog, allowing over EVs to rise to the top.

It will be interesting to track if Hyundai’s dominance continues or if a new challenger appears as more and more vehicles are released that fall under iZEV parameters.

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