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Ottawa paid out $190M in federal EV subsidies this year as sales slowed
Canadians have claimed over $190 million in federal subsidies for new electric vehicles this year, with 44,315 claims recorded through June and half coming from Quebec.
Ottawa relaunched the electric vehicle rebate program early this year, allocating $2.275 billion intended to last up to five years.
Electric vehicles accounted for 9.6% of new vehicle sales in April and May, down from 12% in the month after federal rebates were reinstated.
The rebate program offers up to $5,000 for new EVs under $50,000 and $2,500 for plug-in hybrids, with Canadian-made EVs exempt from the price cap.