Electric Vehicle Affordability Program (EVAP)
Transport Canada
Up to $5K
Up to $5,000 for battery electric and hydrogen fuel cell vehicles; up to $2,500 for plug-in hybrids (decreasing to $2,000 and $1,000 by 2031)
Point-of-sale incentives for Canadians, organizations and businesses buying or leasing an eligible new electric vehicle. It replaces the closed iZEV program.
Open the official page ↗How to apply
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Who qualifies
New light-duty vehicles (under 8,500 pounds) bought or leased (12+ months) on or after February 16, 2026, meeting Canadian safety standards, made in Canada or in a free-trade-agreement country, with a final transaction value of $50,000 or less unless made in Canada. Limits: 1 incentive for an individual; up to 10 for businesses, organizations and governments over the program.
Good to know
- Funding: Shorter leases are prorated; leases of 48 months or more receive the full amount. Amount depends on the date the dealership submits the eligibility assessment. The program page states $2.275B in funding over 5 years.
Evidence from the official page
- amount“battery electric vehicles and hydrogen fuel cell vehicles are eligible for up to $5,000” source ↗
- amount“plug-in hybrid electric vehicles are eligible for up to $2,500” source ↗
- status“The program will run until March 31, 2031, or earlier if funding is used up.” source ↗
- process“The Electric Vehicle Affordability Program (EVAP) offers point-of-sale incentives for Canadians, Canadian organizations and businesses who buy or lease an eligible electric vehicle.” source ↗
- eligibility“Individuals can receive 1 EVAP incentive over the 5-year program” source ↗
Verified 2026-10-11 · High confidence. Always confirm on the official page before applying.