These Are the Incentive-Eligible EV and PHEV Models Under $50,000

The Canadian government has just announced the return of incentives for zero-emission vehicle customers. The incentives will be available starting February 16 and will be lowered every year until the end of the decade.

For EVs, the rebates will amount to $5,000 in 2026, $4,000 in 2027, $3,000 in 2028-2029, and $2,000 in 2030. As for PHEVs, they will amount to $2,500 in 2026, $2,000 in 2027, $1,500 in 2028-2029, and $1,000 in 2030.

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The price limit is set at $50,000. Furthermore, eligible models include those built in Canada or in any country that has a free-trade agreement with Canada. Scroll down to see the full list as of today.