Worth itRebateOpen
Electric Vehicle Affordability Program (EVAP)
Transport Canada · Federal
In plain language
New federal EV rebate: $5,000 on BEVs/FCEVs, $2,500 on PHEVs — but only on new vehicles with a transaction value ≤$50K (no price cap if the EV is made in Canada). Launched Feb 16, 2026; $2.3B total envelope through March 31, 2031. First-come, first-served, and rebate tiers step down — $5K in 2026 drops to $4K Jan 1, 2027. Straightforward for NL individuals and small businesses buying light-duty EVs. Chinese-built EVs excluded. Commercial medium/heavy-duty buyers use iMHZEV instead.
Realistic range
$2,500 – $5,000
Avg award
$4,000
Max advertised
$5,000
Cost share
—
Accessibility
5 / 5
Effort
1 / 5
Deadline
Continuous intake
Repayable?
No
Who qualifies
Entity types
Sole Proprietor, Incorporated, Nonprofit, Individual
Sectors
Any sector
Regions
NL Wide
Demographics prioritized
None specifically
What you'll have to report
Dealer handles submission; purchaser retains purchase agreement and rebate confirmation for audit.