
{"id":8089,"date":"2023-04-06T19:59:49","date_gmt":"2023-04-06T19:59:49","guid":{"rendered":"https:\/\/tt-blogs.dealerfire.com\/sherwoodford\/?p=8089"},"modified":"2023-06-01T20:04:31","modified_gmt":"2023-06-01T20:04:31","slug":"does-the-government-provide-incentives-to-buy-an-electric-vehicle","status":"publish","type":"post","link":"https:\/\/www.sherwoodford.ca\/blog\/does-the-government-provide-incentives-to-buy-an-electric-vehicle\/","title":{"rendered":"Does the government provide incentives to buy an electric vehicle?\u00a0"},"content":{"rendered":"\n<h2><span data-contrast=\"auto\">iZEV and iMHZEV incentives for purchasing or leasing Ford EVs<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/h2>\n\n\n\n<p><span data-contrast=\"auto\">To promote the use of zero-emission vehicles (ZEVs) among Canadian individuals and businesses, the Canadian government introduced the Incentives for Zero-Emission Vehicles (iZEV) Program in May 2019. Below is information on incentives for light- and medium-duty EVs. We can help you find an alternative-fuel vehicle here at Sherwood Ford in Sherwood Park, AB.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n\n\n\n<!--more-->\n\n\n\n<hr class=\"wp-block-separator has-text-color has-vivid-cyan-blue-color has-alpha-channel-opacity has-vivid-cyan-blue-background-color has-background\"\/>\n\n\n\n<div class=\"wp-block-buttons\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50\"><a class=\"wp-block-button__link has-white-color has-black-background-color has-text-color has-background\" href=\"https:\/\/www.sherwoodford.ca\/clp-new-vehicles\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>View Our New Ford Inventory<\/strong><\/a><\/div>\n\n\n\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50\"><a class=\"wp-block-button__link has-white-color has-black-background-color has-text-color has-background\" href=\"https:\/\/www.sherwoodford.ca\/ford-build-and-price\"><strong>Factory Order Your New Ford<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-vivid-cyan-blue-color has-alpha-channel-opacity has-vivid-cyan-blue-background-color has-background\"\/>\n\n\n\n<h3><span data-contrast=\"auto\">Light duty zero-emission 2023 Ford vehicles eligible for iZEV<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/h3>\n\n\n\n<p><span data-contrast=\"auto\">Recent model year Ford vehicles are among the eligible models covered by the Incentives for Zero-Emission Vehicles (iZEV) Program in Canada. Consumers who purchase or lease a new Ford electric vehicle, such as the Mustang Mach-E, are entitled to receive iZEV Program incentives of up to $5,000. The following 2023 models are included:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n\n\n\n<ul><li>2023 Ford Escape PHEV&nbsp;<\/li><li>2023 Ford Mustang Mach E Select RWD Standard Range&nbsp;<\/li><li>2023 Ford Mustang Mach E Select eAWD Standard Range&nbsp;<\/li><\/ul>\n\n\n\n<h3><span data-contrast=\"auto\">How big is the government-given incentive for leasing an electric vehicle?<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/h3>\n\n\n\n<p><span data-contrast=\"auto\">Under the Incentives for Zero-Emission Vehicles (iZEV) Program in Canada, the full incentive amount of up to $5,000 is available to consumers who purchase or lease eligible zero-emission vehicles for 48 months or longer. However, for shorter leases of 12 to 47 months, the incentive amount is prorated based on the length of the lease. For example, a 24-month lease would qualify for half of the full incentive amount, as seen in the chart below.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-subtle-pale-blue-background-color has-background\"><tbody><tr><td>\n<p><b><span data-contrast=\"auto\">Purchase or lease type<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><td>\n<p><b><span data-contrast=\"auto\">Incentive amount<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><\/tr><tr><td>\n<p><span data-contrast=\"auto\">Purchase or 48-month lease<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><td>\n<p><span data-contrast=\"auto\">$5,000<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><\/tr><tr><td>\n<p><span data-contrast=\"auto\">12-month lease<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><td>\n<p><span data-contrast=\"auto\">$1,250<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><\/tr><tr><td>\n<p><span data-contrast=\"auto\">24-month lease<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><td>\n<p><span data-contrast=\"auto\">$2,500<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><\/tr><tr><td>\n<p><span data-contrast=\"auto\">36-month lease<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><td>\n<p><span data-contrast=\"auto\">$3,750<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n\n\n\n<div class=\"wp-block-columns has-vivid-cyan-blue-background-color has-background\">\n<div class=\"wp-block-column\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"768\" height=\"500\" src=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2023\/06\/01200056\/2023-Ford-Mustang-Mach-E_B3_o.jpg\" alt=\"2023 Ford Mustang Mach-E front view\" class=\"wp-image-8231\" srcset=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2023\/06\/01200056\/2023-Ford-Mustang-Mach-E_B3_o.jpg 768w, https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2023\/06\/01200056\/2023-Ford-Mustang-Mach-E_B3_o-300x195.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"768\" height=\"500\" src=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2023\/06\/01200134\/2023-Ford-F-150-Lightning-exterior-B-2_o.jpg\" alt=\"2023 Ford F-150 Lightning models side by side\" class=\"wp-image-8232\" srcset=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2023\/06\/01200134\/2023-Ford-F-150-Lightning-exterior-B-2_o.jpg 768w, https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2023\/06\/01200134\/2023-Ford-F-150-Lightning-exterior-B-2_o-300x195.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-black-color has-alpha-channel-opacity has-black-background-color has-background\"\/>\n\n\n\n<div class=\"wp-block-buttons\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background\" href=\"https:\/\/www.sherwoodford.ca\/new-ford-escape-sherwood-park-ab\">View our Ford Escape inventory<\/a><\/div>\n\n\n\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background\" href=\"https:\/\/www.sherwoodford.ca\/new-ford-mustang-mach-e-sherwood-park-ab\">View our Ford Mustang Mach-E inventory<\/a><\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-black-color has-alpha-channel-opacity has-black-background-color has-background\"\/>\n\n\n\n<h3><span data-contrast=\"auto\">Medium and heavy-duty zero-emission 2023 Ford vehicles eligible for iMHZEV<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/h3>\n\n\n\n<p><span data-contrast=\"auto\">The Canadian government has revealed a funding commitment of $547.5M for the Incentives for Medium- and Heavy-Duty Zero-Emission Vehicles (iMHZEV) Program, which will be available over a period of four years or until the funds are depleted. The program is designed to encourage the adoption of zero-emission vehicles by offering incentives to businesses. The initiative is a part of Canada&#8217;s plan to reduce greenhouse gas emissions and meet its climate change targets. 2023 Ford models include the following:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n\n\n\n<ul><li>2023 Ford E-Transit T350 Mid Roof, 130-inch WB\u00a0\u00a0<\/li><li>2023 Ford E-Transit T350 Mid Roof, 148-inch WB\u00a0<\/li><li>2023 Ford E-Transit T350 High Roof, 148-inch WB\u00a0<\/li><li>2023 Ford E-Transit T350 Cutaway\u00a0<\/li><\/ul>\n\n\n\n<h3><span data-contrast=\"auto\">How much can my business save by purchasing an electric cargo van?<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/h3>\n\n\n\n<p><span data-contrast=\"auto\">Under the Incentives for Medium- and Heavy-Duty Zero-Emission Vehicles (iMHZEV) Program in Canada, businesses can receive incentives of up to $10,000 for the purchase or 48-month lease of eligible medium- and heavy-duty zero-emission vehicles. You can view other amounts in the chart below.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-subtle-pale-blue-background-color has-background\"><tbody><tr><td>\n<p><b><span data-contrast=\"auto\">Purchase or lease type<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><td>\n<p><b><span data-contrast=\"auto\">Incentive amount<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><\/tr><tr><td>\n<p><span data-contrast=\"auto\">Purchase or 48-month lease<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><td>\n<p><span data-contrast=\"auto\">$10,000<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><\/tr><tr><td>\n<p><span data-contrast=\"auto\">12-month lease<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><td>\n<p><span data-contrast=\"auto\">$2,500<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><\/tr><tr><td>\n<p><span data-contrast=\"auto\">24-month lease<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><td>\n<p><span data-contrast=\"auto\">$5,000<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><\/tr><tr><td>\n<p><span data-contrast=\"auto\">36-month lease<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><td>\n<p><span data-contrast=\"auto\">$7,500<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-vivid-cyan-blue-color has-alpha-channel-opacity has-vivid-cyan-blue-background-color has-background\"\/>\n\n\n\n<div class=\"wp-block-buttons\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100\"><a class=\"wp-block-button__link has-white-color has-black-background-color has-text-color has-background\" href=\"https:\/\/www.sherwoodford.ca\/new-ford-e-transit-cargo-van-sherwood-park-ab\">View our Ford E-Transit Cargo Van inventory<\/a><\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-vivid-cyan-blue-color has-alpha-channel-opacity has-vivid-cyan-blue-background-color has-background\"\/>\n","protected":false},"excerpt":{"rendered":"<p>iZEV and iMHZEV incentives for purchasing or leasing Ford EVs&nbsp; To promote the use of zero-emission vehicles (ZEVs) among Canadian individuals and businesses, the Canadian government introduced the Incentives for Zero-Emission Vehicles (iZEV) Program in May 2019. Below is information on incentives for light- and medium-duty EVs. We can help you find an alternative-fuel vehicle [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":8233,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,25,37,43],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"Does the government provide incentives to buy an electric vehicle? Click here to learn about iZEV and iMHZEV incentives for buying EVs.\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sherwoodford.ca\/blog\/does-the-government-provide-incentives-to-buy-an-electric-vehicle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Does the government provide incentives to buy an electric vehicle?\u00a0 - Sherwood Ford\" \/>\n<meta property=\"og:description\" content=\"Does the government provide incentives to buy an electric vehicle? 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