BC doubles electric vehicle incentives for businesses
The British Columbia government is doubling its EV incentives for some businesses.
The actual name of the program is Special Use Vehicle Incentive and it applies to a wide range of businesses differently.
Local governments, the public sector, and non-profit organizations can get 33 percent of the cost of an electric vehicle up to $ 100,000. Previously, this incentive only went up to $ 50,000. The hotel and tourism industries can recoup 66 percent of an electric vehicle up to $ 100,000.
This incentive does not allow companies to buy Teslas, but instead focuses on buses, food delivery trucks or battery or hydrogen transport trucks. Specialty-use vehicles such as motorcycles, electric cargo bikes, and low-speed utility trucks also ...