Canada’s hydrogen sector welcomes new Incentives for Medium- and Heavy-Duty Zero-Emission Vehicles Program
July 19, 2022
OTTAWA – The Canadian Hydrogen and Fuel Cell Association (CHFCA) congratulates The Honourable Omar Alghabra, Minister of Transport, for the launch of the new Incentives for Medium- and Heavy-Duty Zero-Emission Vehicles (iMHZEV) Program to support Canada’s target of 100% sales of zero-emission medium- and heavy-duty vehicles by 2040 and reduce greenhouse gas emissions.
Over the next four years, the Medium- and Heavy-Duty Zero-Emission Vehicles Program will finance incentives approximately 50% of the price difference between an electric vehicle and a traditional fossil fuel vehicle.
The incentives are applicable to purchase or lease commercial, medium- and heavy-duty zero-emission vehicles (up to $200,000 per vehicle) and can be combined with provincial and territorial incentives.
Quotes:
Ivette Vera-Perez, President and CEO, CHFCA:
“This is a major step in enabling the decarbonization of Canada’s second-largest source of pollution, transportation. Canada can become a leader in the adoption of fuel cell technologies for medium and heavy-duty vehicles, while helping create a cleaner environment, industrial growth, and high-quality jobs.”
About the Canadian Hydrogen and Fuel Cell Association (CHFCA)
The Canadian Hydrogen and Fuel Cell Association (CHFCA) is a national sector association that supports industry, academia, government agencies, financial organizations and other stakeholders focused on hydrogen and fuel cell technologies and products. As the collective voice of Canada’s world-leading hydrogen and fuel cell sector, the CHFCA’s mission is to strengthen Canadian leadership, raise awareness of the benefits of the technology, and accelerate the adoption of its members’ products and services in Canada and abroad. The CHFCA currently has more than 170 members across Canada and provincial affiliates in British Columbia, Alberta, Ontario and Quebec. The CHFCA can be followed on LinkedIn at @CHFCA, Twitter at @PoweringNow and visited at www.chfca.ca.