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INCENTIVIZE YOUR DRIVE.
DISCOVER INCENTIVES FOR ALL-ELECTRIC & PLUG-IN HYBRID BMW VEHICLES.
We all know that going electric has its benefits, from lower emissions to electrifying performance. But did you know there are also a wide range of federal and provincial incentives in Canada to help you get into the BMW drive of your dreams. Read on to learn more.
We all know that going electric has its benefits, from lower emissions to electrifying performance. But did you know there are also a wide range of federal and provincial incentives in Canada to help you get into the BMW drive of your dreams. Read on to learn more.
FEDERAL INCENTIVES.
INCENTIVES FOR ZERO-EMISSION VEHICLES (iZEV) PROGRAM.
The Government of Canada’s iZEV program offers rebates of up to $5,000 for drivers purchasing or leasing a new battery-electric or plug-in hybrid electric vehicle.
There are two levels of rebate depending on the type of vehicle.
VEHICLE TYPE: | REBATE: |
---|---|
Battery-electric, hydrogen fuel cell, and longer-range (at least 50km) plug-in hybrid vehicles. | Up to $5,000 |
Shorter range (less than 50km) plug-in hybrid electric vehicles. | Up to $2,500 |
Individuals are eligible for one incentive under the program per year, and businesses are eligible for up to 10. To meet the iZEV program requirements, the vehicle must be either:
A passenger car with an MRSP less than $55,000. Higher priced trims of these vehicles, up to a maximum MRSP of $65,000, are also eligible for incentives.
Or
A station wagon, pickup truck (light truck), SUV, minivan, van, or special purpose vehicle with an MRSP less than $60,000. Higher priced trims of these vehicles, up to a maximum MRSP of $70,000, are also eligible for incentives.
BMW MODELS ELIGIBLE FOR THE iZEV PROGRAM.
Vehicles are still eligible for the incentive even if delivery, freight, and other fees (like vehicle colour, add-on accessories (e.g., a roof rack), options, and packages) push the actual purchase price over these set limits.
You can learn more about the iZEV program on the Government of Canada website.
PROVINCIAL INCENTIVES.
BRITISH COLUMBIA.
UP TO $4,000 REBATE FOR INDIVIDUALS.
BC residents with a valid BC driver's license could be eligible for up to $4,000 in rebates when they purchase or lease a battery-electric or plug-in hybrid electric vehicle. Rebates are income assessed and must be applied for before purchase of your chosen vehicle.
INDIVIDUAL INCOME | REBATE FOR PLUG-IN HYBRIDS WITH RANGE LESS THAN 85KM | REBATE FOR BATTERY ELECTRIC AND LONG-RANGE PLUG-IN HYBRIDS |
---|---|---|
Less than $80,000 | $2,000 | $4,000 |
$80,001-$90,000 | $1,000 | $2,000 |
$90,001-$100,000 | $500 | $1,000 |
$100,000+ | No rebate | No rebate |
VEHICLES ELIGIBLE FOR THE PROGRAM:
VEHICLE TYPE: | MAXIMUM MSRP: |
---|---|
Cars (two seaters, compacts, mid-sizes, and large cars) | $55,000 |
Larger vehicles (station wagons, mini-vans, SUVs, small and standard pickup trucks, and passenger vans) | $70,000 |
Learn more about the rebate and find out how to apply on the Clean BC Go Electric website.
UP TO $3,000 REBATE FOR BC BUSINESSES.
BC-based businesses, non-profit organizations, and local governments can receive rebates of up to $3,000 for vehicles in their fleet.
VEHICLE TYPE: | REBATE: |
---|---|
Battery electric, fuel-cell, and long-range plug-in hybrid vehicles. | Up to $3,000 |
Plug-in hybrid vehicles with an electric range less than 85 km. | $1,500 |
NEW BRUNSWICK.
UP TO $5,000 REBATE.
Vehicles which qualify for the federal iZEV program are eligible for an additional $5,000 rebate through the provincial Plug-In NB program.
NEWFOUNDLAND & LABRADOR.
UP TO $2,500 REBATE.
Until March 15, 2024, vehicles which qualify for the federal iZEV program are eligible for an additional rebate up to $2,500 through the provincial Electric Vehicle Rebate Program.
VEHICLE TYPE: | REBATE: |
---|---|
All-electric | $2,500 |
Plug-in hybrid | $1,500 |
NORTHWEST TERRITORIES.
UP TO $7,500 REBATE.
Until March 10, 2024, individuals, businesses, not-for-profit organizations, and community and indigenous governments can get rebates on eligible electric vehicles and charging equipment. To be eligible, you must be connected to NWT’s hydroelectric grid.
ELIGIBLE PRODUCTS: | REBATE: |
---|---|
Battery electric vehicle | $7,500 |
Plug-in hybrid electric vehicle | $7,500 |
Level 2 charging station for home use (220 or 240 volts) | 100% of purchase and installation cost, up to $500 |
NOVA SCOTIA.
UP TO $3,000 REBATE.
Vehicles which qualify for the federal iZEV program are eligible for an additional rebate of up to $3,000 through the provincial Electrify Nova Scotia Program.
VEHICLE TYPE: | REBATE: |
---|---|
Battery electric vehicle | $3,000 |
Long-range plug-in hybrid electric vehicle | $3,000 |
Short-range plug-in hybrid electric vehicle | $2,000 |
ONTARIO.
PRINCE EDWARD ISLAND.
UP TO $5,750 REBATE.
Vehicles which qualify for the federal iZEV program are eligible for an additional rebate of up to $5,750 through the provincial electric vehicle incentive program.
VEHICLE TYPE: | REBATE: |
---|---|
Battery electric vehicle | $5,750 |
Plug-in hybrid electric vehicle | $3,250 |
QUÉBEC.
UP TO $7,000 REBATE.
Low-carbon vehicles with an MSRP of less than $65,000 could be eligible for a rebate up to $7,000 through the government of Québec’s Roulez vert program.
VEHICLE TYPE: | REBATE: |
---|---|
Fully electric vehicle | $7,000 |
Plug-in hybrid electric vehicle | $2,500-$5,000 |
YUKON.
UP TO $5,000 REBATE.
Low-carbon vehicles whose base trim has an MSRP of less than $60,000 ($70,000 for pickup trucks) are eligible for rebates up to $5,000.
VEHICLE TYPE: | REBATE: |
---|---|
Battery electric or long-range (50km or more) plug-in hybrid vehicle | $5,000 |
Short-range plug-in hybrid (less than 50km) electric vehicle | $3,000 |
Federal and provincial government Incentives are subject to the terms of the applicable government program. Government incentives, if available, are applicable after taxes, are subject to availability and may change at any time without notice. For additional information, please visit https://tc.canada.ca/en/road-transportation/innovative-technologies/zero-emission-vehicles/list-eligible-vehicles-under-izev-program for federal Government Incentives or consult your provincial government for further details.