Transport Canada has suspended its electric vehicle (EV) subsidy program, which provided up to $5,000 in rebates, causing concern among automakers and dealers as Canada achieves record EV sales of 16.5% of new vehicles in Q3 2024. Coupled with Quebec’s temporary halt of its $7,000 rebate, the decision could impact future sales, despite potential short-term purchasing surges. Source and details of the news
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