Pay-Out Pauses: Canadian Government to pause $5k federal EV incentive
Ottawa, Ontario — The Government of Canada has now announced that its iZEV federal electric vehicle incentive program will be suspended before March 31, 2025. In this way, buyers looking to purchase an EV following this date will no longer benefit from the current $5,000 credit. Additionally, Quebec is set to reduce its provincial incentives […]
Tuesday Ticker: Electric vehicle stocks suffer in the first weeks of 2024
Toronto, Ontario — The first few weeks of 2024 have brought major losses for some electric vehicle stocks, like Tesla, Rivian and Fisker. Tesla stock has dropped more than 14 percent since the start of 2024. Analysts believe the plunge is largely driven by rental car company Hertz’s decision to pull 20,000 Tesla models from […]
Rivian Ready: OEM opens electric pickup shop to reservation holders in B.C.
Victoria, British Columbia — Rivian has expanded its R1 electric pickup shop to Canada, allowing reservation holders to purchase an R1S or R1T from the current inventory. The electric vehicle maker clarified that the shop is open to its “first cohort of Canadian customers” in British Columbia. Customers must have a preexisting reservation for consideration. […]
