Purchasing an Electric Vehicle: The price limit for a rebate increases to $65,000

On the sidelines of the opening of the Quebec Electric Vehicle Show, Minister Jonatan Julien announced on Friday that the government is reviewing the proposed retail price limit to $65,000 for eligibility for an electric vehicle discount, instead of the previous $60,000 .

“We’re working on it,” said the Quebec Minister of Energy and Natural Resources.

“We continue to support the purchase of electric vehicles with the Roulez Vert program. This puts Quebec in a very good position throughout Canada. About 50% of the vehicles sold in the country are in Quebec. We are in an exponential growth,” said Mr. Julien.

There are currently nearly 140,000 electric or hybrid vehicles on Quebec’s roads. The goal is to reach 1.6 million by 2030.

“If you look at the price development, of course there is inflation when buying vehicles. This decision that we are making means that we will maintain the pace we have set. We just expanded the criteria for the vehicles to be there,” he explained.

For this from 1ah July 2022, the rebates offered by the state for purchasing an electric vehicle will be reduced by US$1,000 from US$8,000 to US$7,000 in certain cases, for example for the purchase of an all-electric vehicle with a value of less than US$60,000 .

The aim of the Roulez Vert program, Mr. Julien reminded, is to cover 50% of the cost difference between an electric and a petrol vehicle in a comparable category. According to program officials, the cost gap is currently around $14,000.

Visitors are therefore expected throughout the weekend at the ExpoCité Exhibition Center, where around fifty exhibitors will gather for the occasion up to and including Sunday.

According to Charles Drouin, CEO of Mobilis Corporation and co-organizer of the event, the Quebec Electric Vehicle Show is the perfect time to see, try, analyze and compare the latest technological innovations in electric mobility.

“Everything is there to show as many beautiful cars as possible. This year we tested more than 25 cars. We also have an indoor track for bikes, scooters and Segways,” he says.

With the rising petrol prices, the purchase of an electric vehicle is becoming very interesting. However, given limited stocks, it’s better to do it in advance, acknowledges Mr Drouin.

“In the next two years, consumer habits will change. We forget the days when we went to the dealership and came out the same day with our vehicle. You have to plan at least 5 to 6 months in advance,” he suggests, noting that some models on the market last up to two years can wait.

Last year the event attracted just over 9,000 visitors.

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