iZEV Program on Nissan Electric and Hybrid Vehicles in Nanaimo, BC
The Nissan of Nanaimo dealership of Nanaimo, British Columbia on Vancouver Island, is a proud participant of the Transport Canada federal iZEV program. This program offers drivers incentives on the purchase or lease of qualifying zero-emission vehicles and can be bundled with additional federal incentive programs.
ZEV stands for Zero-Emission Vehicle. A ZEV is any vehicle that can produce no tailpipe emissions. However, this does not mean it has to produce no tailpipe emissions at all times of operation. Additionally, vehicles that have standard internal combustion engines can still qualify as ZEVs. To do so, these vehicles need to be able to operate without using the combustion engine.
The following types of vehicles are considered ZEVs:
Battery-Electric
Plug-In Hybrid Electric
Hydrogen Fuel Cell
What Does iZEV Stand For?
The federal iZEV (Incentives for Zero-Emission Vehicles) program of Canada was first put into place in May of 2019. Qualifying models that the program considers to be zero-emission vehicles are eligible for incentives/discounts when purchased or leased as new models.
Battery-Electric Models – Up To $5,000 Off
Plug-In Hybrid Electric Models – Up To $2,500-$5,000 Off
Hydrogen Fuel Cell Models – Up To $5,000 Off
Discount rates may vary/are not valid on certain vehicles depending on vehicle base price, size, and choice of trim level. Consult your local dealership for additional details.
Which Nissan Models are ZEVs?
Under the current Transport Canada iZEV program, the Nissan Leaf (a battery-electric model) is the only model that qualifies as a ZEV with available incentives. However, the upcoming Nissan Ariya electric crossover SUV will almost certainly also be recognized by the iZEV program upon its release.
For more information on federal and OEM lease and finance incentives, zero-emission vehicles, and available Nissan models, browse through our online inventory and contact us here at the Nissan of Nanaimo dealership.
