$40M infusion for B.C. program encouraging switch to green transportation
VANCOUVER — The B.C. government is pumping another $40 million into the Clean Energy Vehicle Program.
Energy and Mines Minister Bill Bennett says the funds will be distributed over the next three years and will offer continued purchase incentives of up to $5,000 for battery electric vehicles and $6,000 for hydrogen fuel cell electric vehicles.
When the incentives from the SCRAP-IT program are added, the government says that purchasers could save up to $11,000 on a new electric vehicle.
SCRAP-IT incentives apply when an older vehicle is taken off the road and range from $500 toward the cost of a pedal or electric bike, car-share credit or transit pass, to as much as $6,000 for the purchase of a new electric vehicle.