May was a mega month for iZEV rebates in Canada with Canadians claiming over 20,000 rebates in single month for first time since program inception in 2019.
According to data released by Transport Canada, Tesla continues to lead the method with almost 5,000 rebate claims while Hyundai has half that amount.
More than 2600 Kia and Ford were in race for third place with less than 100 rebates separating two but kia came out before with 2005 rebate claims.
Top 10 iZEV Incentives by Brand
- Tesla May 2024 2024 YTD 20,293
- Hyundai 2,625 2024 YTD 10,291
- Kia 2,005 2024 YTD 6,691
- Ford 1,931 2024 YTD 7,394
- Mitsubishi 1,505 YTD 5061
Tesla continues to dominate with Model Y and Model 3 leading pack with 3,255 and 1,561 rebate claims
Thirty eight iZEV rebates were submitted for released Fiat 5003 and single Honda Prologue received by rebate.
Quebec Ontario and British Columbia continue to dominate iZEV rebates on basis.
The three provinces account for 86 percent of all Canadian iZEV rebates in May.
Quebec is responsible for over half of 56 percent of Canadian rebates which is helped by overall population and provincial $7,000 EV rebate in province.
Quebec will be phasing out its Roulez Vert rebate program by 2027.
iZEV incentives by province
- Canada May 20,072 April 18741 2024 YTD 79,914
- Quebec May 11,247 April 10,252 2024 YTD 43,540
- Ontario May 3,974 April 10, 3,705 2024 YTD 15,554
- British Columbia 3,368 April 3,340 YTD 15,073
- Alberta 541 April 618 YTD 2,309
- New Brunswick 271 April 232 YTD 950
- Nova Scotia 243 April 204 YTD 879
- Manitoba 172 April 161 YTD 624
- Newfoundland and labradar 80 April 59 YTD 293
- Saskatchewan 79 April 82 YTD 360
- Prince Edward Island 67 April 70 YTD 249