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Existing incentive programs are also set to phase out after a given maker sells 60,000 hybrid vehicles, so more popular models like the Toyota Prius are no longer subject to a tax credit. [7] Incentives may also vary based on how well the car in question performs in these “green” categories. [8]
The current levels of incentives for vehicles under CA$55,000 are: CA$3,000 for an EV (min 85 km range), CA$1,500 for a plug-in hybrid or an extended range vehicle with a smaller battery capacity (less than 85 km range) [240] these amounts may be reduced annually. All vehicles must be new and purchased in BC, each claim is processed by the ...
Vehicles must be purchased or leased on or after March 15, 2010. Rebates initially of up to US$5,000 per light-duty vehicle, and later lowered to up to US$2,500, are available for individuals and business owners who purchase or lease new eligible vehicles. Certain zero-emission commercial vehicles are also eligible for rebates up to US$20,000.
Between state and local incentives, North Carolina had already dedicated around $439 million to the project, with Toyota in turn pledging to invest $1.27 billion and create 1,750 jobs by 2029.
The second generation RAV4 EV was released in September 2012 starting at a price of US$49,800 before any government incentives. [ 4 ] [ 10 ] Toyota also offered a 36-month lease option at US$599 per month with down payment of US$3,499 . [ 10 ]
The Toyota RAV4 (Japanese: トヨタ・RAV4, Hepburn: Toyota Ravufō) is a compact crossover SUV produced by the Japanese automobile manufacturer Toyota. It is known for starting the wave of compact crossovers. [1] The RAV4 is one of the best-selling SUVs of all time. By February 2020, a total of 10 million RAV4s had been sold globally. [2]
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