Re: [EVDL] EVLN: Unbalanced Bolt EV sales-demographics in Canada (EV Digest, Vol 41, Issue 4)

[Darryl McMahon via EV]

Agreed.

As I noted in my original post:

"It's a big shift for the province which effectively outlawed NEVs/LSVs 
a few years ago, and was a laggard in allowing e-bikes on its roads."


It is worth noting that when Ontario introduced new rules to create a 
unique-in-the-world definition for LSV/NEVs, they exempted themselves 
from those provisions - as provincial government agencies had several in 
use at the time.


It hasn't all been rainbows and lollipops in Ontario for EVs over the 
past few decades.  AFAIK, it's still illegal to ride an electric 
motorcycle on a limited-access highway in Ontario - no matter what it's 
top speed.  It took no small effort to get EVs exempted from emissions 
testing in Ontario.


Now that the current provincial government is getting with the program, 
they should be applauded and encouraged. It was pretty discouraging to 
speak for EVs under the previous regime.


--
Darryl McMahon
Freelance Project Manager

On 3/3/2016 9:46 AM, Paul Wujek wrote:



On 2016-03-03 08:16 AM, Darryl McMahon via EV wrote:

Now, if Ontario can find an automaker to start building EVs in Ontario
using all the plant capacity idled by the major automakers in the past
decade (hello Toyota - which built the new RAV-4 EV here, or
Renault-Nissan, or BYD) or land a Tesla battery gigafactory - there
are lithium mines in neighbouring Quebec), things could really come
together.

Except in the past Ontario shafted Zenn and others who tried to start up
EV manufacturing in the province.

We'll have to see whether they have turned over a new leaf (Leaf?).
--
*Paul Wujek*  about 


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[EVDL] EVLN: Unbalanced Bolt EV sales-demographics in Canada

[brucedp5 via EV]

'Ontario.ca is now Canada’s California'

% Depending on curency exchange rates when the GM Bolt EV goes on sale, it
may end up cheaper for U.S. Amercians to buy it in Canada, or Canadians to
buy it in the U.S. %

http://insideevs.com/chevrolet-bolt-ev-looks-to-be-priced-north-of-46500-in-canada-rebates-up-to-14000-regionally/
Chevrolet Bolt EV Looks To Be Priced North Of $46,500 In Canada, Rebates Up
To $14,000 Regionally
[20160226]  Jay Cole

[images  
http://insideevs.com/wp-content/uploads/2016/02/chevrolet-bolt-ev-CAIS-2016-101-750x495.jpg
Chevrolet Bolt EV In Toronto For The Canadian International Auto Show

http://insideevs.com/wp-content/uploads/2016/02/chevrolet-bolt-ev-CAIS-2016-8-350x262.jpg
2017 Chevrolet Bolt EV To Receive $14,000 Rebate In Ontario
At least $46,500

http://insideevs.com/wp-content/uploads/2016/02/mto-ontario-rebates-plug-ins-750x436.jpg
List Of Eligible Current GM Vehicles For Plug-In Rebates In Ontario, Canada
(via MTO)

http://insideevs.com/wp-content/uploads/2016/02/chevrolet-bolt-ev-CAIS-2016-4-350x283.jpg
2017 Chevrolet Bolt In Toronto Last Week
]

While General Motors has stated that the upcoming 200 mile, 2017 Chevrolet
Bolt EV will be priced from $37,500 in the United States, an odd set of
circumstances has revealed it will be a bit more in Canada.

And while the recent breakdown of the Canada dollar ($1.355 CAD = 1 US
Dollar at time of press …which is actually a decent improvement over the
past several weeks) means that is only equal to about ~$34,200 in US funds
(a relative steal), to Canadians, that is still a lot of money, as their
dollar was close to par just the summer before last.

The pricing information came to us indirectly via a Chevrolet representative
at the Canadian International Auto Show last week, as we asked him to walk
us through Ontario’s newly augmented rebate plan as it relates to GM’s
electrified vehicles.

“The MTO has said the 2017 Chevrolet Volt [pih], now qualifies for $11,877
thanks to an additional seat.  The Spark EV only get $9,000 because of its
smaller battery, and the all-new Chevrolet Bolt EV is the first to get the
full incentive – $14,000 because of its battery and 5th seat.”

The new incentive program in Ontario increased rebates on plug-in cars from
$5,000-$8,500 to a new maximum of $14,000.

To learn how the program breaks down the criteria to arrive at a rebate
amount, click here [
http://insideevs.com/ontario-canada-boosts-electric-vehicle-incentive-program-up-to-1/
], but there is two pricing caveats that reveal minimum Bolt EV pricing:

Vehicles with a starting MSRP between $75,000 and $150,000 are only eligible
for $3,000 (we will call this the “Tesla rule”) and,
“Purchase incentives are not to exceed 30% of the MSRP.”

With a confirmed $14,000 rebate for the Bolt EV via the GM rep, that means
the MSRP must be higher than $46,500 to fulfill the criteria of a 30% max
rebate threshold.

For Ontarians the high pricing is still fairly inconsequential, as the Bolt
EV will still be an accessible all-electric vehicle inside a conventional 36
month lease … perhaps ~$450 a month factoring in the government cash.

However with no federal plug-in incentive program, and no other province
offering near the same rebate as Ontario (Quebec – $8,000, British Columbia
– $5,000), with the other provinces essentially having none at all, the Bolt
EV looks to be headed for some very unbalanced sales demographics in Canada. 
In other words, Ontario is now America’s California.

Doing some napkin-back math, leases in Quebec will likely be around  a
minimum ~$625/month , BC ~$700/month…with the rest of Canada saddled with a
nearly ~$900 monthly payment.
[© 2016 Inside EVs]




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{brucedp.150m.com}

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