September 24, 2018 4:32 pm
Updated: September 24, 2018 11:00 pm

As sales of electric vehicles soar, B.C. adds $10M to clean energy vehicle incentive program

WATCH: The NDP government has announced that it's putting more money into its clean energy vehicle incentive program, which was about to run out of funding. Sarah MacDonald has the details.

A A

With the popularity of electric vehicles on the rise, the provincial government is having to top up its Clean Energy Vehicle Program.

The government has committed $27 million for the program, which provides a $5,000 credit toward the purchase price of electric cars or plug-in hybrids and $6,000 for hydrogen fuel cell vehicles.

READ MORE: Gas prices pinching your wallet? Here’s how much you could save with an electric car


Story continues below

So many of those cars were being purchased that funding for the program, which was expected to last until 2020, was about to run out by the end of this month.

“We are making it easier for everyone in our province to choose a clean energy vehicle as their next purchase,” Energy Minister Michelle Mungall said in a release.

“These additional funds will make transportation more affordable today while supporting our long-term work to build a cleaner future.”

READ MORE: B.C. drivers can get up to $12K incentive to buy electric vehicle

Green Party leader Andrew Weaver welcomed the news, saying the government “acted quickly and decisively on this essential priority.”

According to the Ministry of Energy, B.C. had the highest market share of electric vehicle sales in Canada at 3.7 per cent in June.

© 2018 Global News, a division of Corus Entertainment Inc.

Report an error

Comments

Want to discuss? Please read our Commenting Policy first.