Canadian Province Offers Small Business Grants for Hybrid, Electric Car Fleets

Businesses or consumers looking to partake in this program can receive up to $8,500 per vehicle towards the purchase or lease of up to 5 vehicles per calendar year

Published: 13-Aug-2012

The Ontario Ministry of Transportation (MTO) is currently offering Canadian Government grants for small business lease or purchase of a hybrid or electric vehicle fleet. The program is one of the many Canadian Government Funding Incentives for Greening your Business and reducing Canada’s commercial carbon footprint. This program is available to private consumers as well as non-profit organizations and businesses.

Electric Vehicle Incentives: Ontario Small Business Funding Details

The Electric Vehicle Incentive Program applies exclusively to those looking to purchase or lease a new, highway capable, plug-in hybrid electric vehicle(s) or battery electric vehicle(s). Businesses or consumers looking to partake in this program can receive up to $8,500 per vehicle towards the purchase or lease of up to 5 vehicles per calendar year. In order for businesses to receive their full incentive, fleets must be either purchased or leased for 36 months and registered in Ontario.

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