The Provincial Government will provide $6.2 billion to help accelerate all manners of green transportation technology developments.
Currently, Quebec has the most generous EV incentive in Canada at $8,000.
Quebec joins other markets like the UK and California to ban the sale of new internal-combustion engine-powered vehicles. The Province recognizes that all manners of transportation is responsible for 43% of all greenhouse gases emitted.
Specifically, this new rule will apply to private individuals as commercial and industrial fleets will not be affected by these changes. At the moment, within Canada, Quebec is responsible for roughly 50% of all new EVs sales but despite this, the Government says it’s not enough. At the end of 2019, 66,000 EVs were registered in the Province, accounting for only 1.3% of all registered vehicles. For 2020, that number should rise to 95,000.
By 2030, as reported by La Presse, the Legault Government wants to see more than 1.5 million EVs on the road which will account for 30% of the provincial fleet. In order to get there, incentives of up to $8,000 (+ $5,000 from the Federal Government) will continue to be offered to spruce up sales. The cost of this program is of about $2.6 million annually. This incentive, however, will be reduced as the years go by.
To note, the only other Province to offer rebates on EVs is British Colombia. And finally, the Canadian government has stipulated that they hope to put an end to new petrol-powered vehicle sales by 2040.