As of Tuesday, Teslas are no longer eligible for a rebate under the province’s electric vehicle incentive. Environment, Energy and Climate Action Minister Gilles Arsenault says his department needs to focus its net zero funding on what matters most to Islanders, and he encourages anyone looking at purchasing an electric vehicle to consider purchasing from a dealership with a local presence here in PEI or in the Maritimes. The change applies to purchases made as of March 25, 2025. Purchases previous to that date will be processed for a rebate normally.
For all other eligible vehicles, the PEI Electric Vehicle and Charging incentive is $5,750 for EVs and $3,250 for PHEVs.