Monday, June 21, 2010

Electric Car Incentives Offered


The Ontario government is offering consumers a rebate of between $5,000 and $8,500 if they buy a new plug-in hybrid or fully electric vehicle after July 1.

The rebates will only be offered to the first ten-thousand applicants who qualify.

Ontario is aiming to have one out of every 20 vehicles in the province be electrically powered by 2020.

Currently, none of the major automakers sell purely electric vehicles in Canada, but many expect to have battery-powered cars on the market by 2012.