The Ontario government has introduced a cash rebate program that will reward the first 10,000 applicants that buy or lease a new plug-in hybrid electric or battery electric vehicle after July 1, 2010.
Persons, businesses and organizations are eligible to apply for an electric vehicle cash rebate.
The cash back rebate amounts range from $5,000 to $8,500.
Critics argue that the cost of an electric vehicle can be prohibitive, so the cash rebates will likely have limited impact on increasing the sales of these fuel-efficient and environment-friendly automobiles.
Prices for Buying Electric Vehicles
The Nissan Leaf is an all-electric automobile with zero emissions. The Leaf is set to be introduced in the Canadian market late in 2011.
The estimated sticker price for the Leaf will be roughly $35,000 (in Canadian currency). According to a report from Metro Canada’s Ben Knight, the electric car currently sells in the United States for $32,700 (in American currency).
Travel Range for Electric Vehicles
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