Passenger Vehicle Incentives

Here’s the deal:

B.C. drivers can take advantage of federal and provincial incentives to support the purchase of electric vehicles.

  • Federal iZEV incentive. This program is currently paused, as funding has been fully allocated.
  • Provincial Go Electric Passenger Vehicle Rebate, up to $4,000. New vehicles only. Rebates are based on your income and require pre-approval through the Go Electric website.
  • Plus, electric vehicles benefit from a higher luxury surcharge tax threshold (additional tax is applied on vehicles priced at $75,000 instead of $55,000) and used EVs are exempt from PST.
  • These incentives can be combined for big savings!

Federal iZEV program

As of May 1, 2019, the Government of Canada provided point-of-sale incentives for qualifying fully battery-electric and plug-in hybrid electric vehicles.

The iZEV program is managed by Transport Canada, but is currently paused as the funding has been fully allocated.

iZEV incentive

Provincial Go Electric Passenger Vehicle Rebate

The Go Electric Passenger Vehicle Rebate offers up to $4,000 off the purchase price of a qualifying new battery electric, up to $2,000 for a plug-in hybrid electric vehicle, and up to $4,000 for a hydrogen fuel cell vehicle. Maximum rebate amounts are based on income and require pre-approval through an application.

Eligible vehicles are listed on the program site.

Go Electric Passenger Vehicle Rebate

Electric vehicle tax exemptions

In addition to the rebates for purchasing electric vehicles, please be aware that:

  • The luxury surcharge tax  is applied to EVs priced at or above $75,000. For other vehicles, it kicks in at $55,000. Therefore, most EVs will not have the higher tax rate applied.
  • Used EVs are PST exempt.
  • These changes were announced with the BC Budget 2022.