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Canada distributes $22 million in EVAP rebates in just 15 days
Canada’s Electric Vehicle Affordability Program (EVAP) issued $22 million in incentives during the second half of May, according to official Transport Canada data. As of May 15, 2026, $2.153 billion in funding remained, dropping to $2.131 billion by June 1, reflecting an average daily rebate of $1.47 million. Since the program began on February 16, approximately $144 million has been paid out, supporting at least 28,800 battery electric vehicles (BEVs) at the maximum $5,000 rebate, with many receiving $2,500 for plug-in hybrids (PHEVs). Demand remains strong and growing, consistent with a 75%
- $22 million in EVAP incentives granted in 15 days in May 2026
- $2.131 billion remains from the program’s original $2.275 billion funding
🔎 Why it matters: The $22 million in incentives over 15 days and the remaining $2.131 billion highlight strong uptake of the EVAP program in 2026.
📈 Upside: The claim rate increased to $1.47 million daily, surpassing the previous $1.37 million average.
📉 Risk: Not applicable.
🤖 Automated analysis and summary. Every story links its original source for verification.