EV sales in Canada jump 32 percent as buyers use up fed backed rebate program

As of Jan. 19, Transport Canada reports that more than $134 million in rebates have already been issued to 33,000 Canadians.

The federal electric vehicle rebate program offers up to $5,000 off the price of buying new electric and hybrid passenger vehicles. The program is funded with $300 million, on a first-come, first-served basis, over the next three years.

Transport Canada also says electric vehicle sales jumped 32 percent after the rebates were launched, compared to the same period the year before.

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