What is iZEV Rebate?

The iZEV rebate refers to the federal Incentives for Zero-Emission Vehicles program, a Government of Canada initiative that has offered point-of-sale rebates to buyers of eligible new electric and plug-in hybrid vehicles. Under the program, qualifying vehicles below a price cap received a set rebate applied at the dealership, reducing the purchase or lease cost. Some provinces also offer their own EV incentives that can stack with federal support. Program details, funding, eligibility, and availability change over time, so dealers must verify current status and rules before quoting any incentive to a customer. Applying the rebate typically involves dealer paperwork and reimbursement processes. Because misstating an incentive can create compliance and customer-trust problems, sales staff should confirm which vehicles qualify and how much applies at the time of sale, and never promise a rebate that is unavailable or exhausted.