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BrightDrop vans will likely be eligible for a $10,000 commercial EV rebate in Canada.
The Canadian government offers a $10,000 tax rebate for businesses and organizations that buy or lease a Class 2B electric van or pickup trucks that. This would include the Zevo 400 and Zevo 600 vans.
GM will begin production of its BrightDrop Zevo vans at its CAMI plant in southern Ontario later this year. When these vehicles hit the market en-mass, they will likely be eligible for Canada’s new $10,000 tax rebate for battery-electric commercial vehicles, improving the economics for companies looking to switch to a more eco-friendly fleet.
The Canadian federal government currently offers a $10,000 tax rebate for organizations and businesses that buy or lease a Class 2B electric van or pickup truck, which includes vehicles with a gross vehicle weight rating of 8,501 pounds to 10,000 pounds. This would include the BrightDrop Zevo 400 and Zevo 600 vans, both of which have a GVWR rating of under 10,000 lbs. The Ford E-Transit, a direct rival of the two BrightDrop offerings, is also eligible for the $10,000 rebate.
Canada announced its new Medium- and Heavy-Duty Zero-Emission Vehicles (iMHZEV) Program this week. The program is intended to provide purchase incentives worth approximately 50 percent of the price difference between an electric vehicle and a traditional internal combustion engine vehicle and is backed by a C$550 million taxpayer fund.