IZEV Federal Rebates for Electric Vehicles

IZEV Federal Rebates for Electric Vehicles

*Jan. 13, 2025 update: Transport Canada said it “paused” its financial incentive program over the weekend, which provided up to $5,000 to consumers. The federal program, known as Incentives for Zero-Emission Vehicles (iZEV), was scheduled to expire in March 2025 or until funds ran out. As of Jan. 10, Transport Canada said there was still approximately $71 million remaining in the consumer program, but it announced on Monday that the program had run out of funds.“Effective immediately, Transport Canada requests all manufacturers, dealerships and authorized sellers to stop offering the iZEV incentives to customers,” Transport Canada said in an email sent to auto industry professionals. Source: Financial Post Jan. 13, 2025.

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IZEV Federal Rebates for Electric Vehicles

If you’ve been considering making the switch to a plug-in hybrid electric vehicle (PHEV) or a fully electric vehicle (EV), now is the time to act. The Federal Government of Canada’s Incentives for Zero-Emission Vehicles (iZEV) program, which has helped make electric driving more accessible to Canadians, is soon coming to an end.

This rebate program provides up to $5,000 off eligible fully electric or plug-in hybrid vehicles at the time of purchase, and Volvo’s award-winning lineup qualifies. Whether you’re drawn to the new fully electric EX30, the XC60 Plug in Hybrid, or any of our other electrified vehicles, this program helps make your dream of driving a premium electric vehicle a reality.

Why Choose Volvo?

Volvo is a leader in the EV space, committed to sustainability and cutting-edge design. 

Key Models to Explore:

  • Volvo EX30: The all-new compact SUV that combines bold styling, advanced technology, and exceptional range in a city-friendly package.
  • Volvo EX90: A fully electric luxury SUV designed for families, with three rows of seating, state-of-the-art safety features, and impressive performance.
  • Volvo XC60 Plug-In Hybrid T8 A plug-in hybrid with excellent fuel efficiency, luxurious comfort, and powerful performance.
  • Volvo XC90 Plug-In Hybrid T8: A spacious, seven-seat plug-in hybrid SUV offering unmatched versatility and sustainability without compromising on style.

How to Get Started

Shopping for an EV or PHEV doesn’t need to be complicated.  Our team of Volvo specialists is here to guide you through every step, from selecting the right model to ensuring a seamless handover. 

Visit one of our Volvo locations today to test drive your dream EV or PHEV.

For more information or to book your test drive, contact us now!