14 Mar '18, 9pm

Electric-Car Incentives Are Shifting, And Vanishing in Some Cases...

Will Tesla sales be affected when sales and tax incentives are no longer available to its buyers? For the past eight years, North American car shoppers have enjoyed generous incentives for purchasing an electric car. Depending on your location, the combination of federal tax credits and local rebates could add up to $10,000 or more. However, the sand is shifting—with lawmakers imposing tighter restrictions on which buyers, vehicles, and automakers qualify for the perks. The shift represents a new phase of EV buying, in which incentives can no longer be guaranteed. Buyers in the Canadian province of Ontario have benefitted from some of the world's most generous EV incentives. Rebates in Ontario range from about $5,000 to $7,000 for a plug-in hybrid, such as the Toyota Prius Prime—to $14,000 for a Nissan LEAF or Chevrolet Bolt. Those incentives for the purchase of an electri...

Full article: http://plugincars.com/electric-car-purchase-incentives-ar...

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