iZEV claims topped $1B in 2024, then the funding ran dry

January 20, 2025 01:42 PM

Tesla Ottawa storefront with Teslas in the lot. — While Tesla’s totals were virtually unchanged from 2023, its share of the rebate market fell considerably in 2024 as competitors grew sales. (GREG LAYSON)

The Canadian government ran up a tab of more than $1 billion to pay for consumer zero-emission vehicle rebates in 2024, according to the latest data from Transport Canada, before the program was abruptly halted Jan. 13 when funding dried up.

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