Toronto’s EV Incentive Excludes Tesla Amid US Trade War
TORONTO—Toronto is no longer offering financial incentives for Tesla vehicles purchased as taxis or ride shares due to trade tensions with the United States, according to the city’s mayor, Olivia Chow, on Monday.
The city is encouraging the adoption of electric vehicles for hire by providing drivers and owners with a reduction in licensing fees and renewal fees until the end of 2029 to help lower emissions.
However, as of March 1, Tesla vehicles are no longer eligible for these incentives, Chow announced at a news conference.
“Vehicles for hire, like taxis, will need to consider a different type of car,” she told Reuters following the conference. “There are other electric cars they could choose from.”
Chow stated that this exclusion will remain in effect until trade issues with the U.S. are resolved.
Tesla did not immediately respond to a request for comment.
Chow informed Reuters that the decision was made in response to Tesla CEO Elon Musk, who serves as a top adviser to U.S. President Donald Trump. Trump’s actions calling for Canada’s annexation and imposing tariffs on Canadian products have offended Canadians.
“We have clearly stated that if you wish to purchase a Tesla, you are free to do so, but taxpayer funds will not be used to subsidize it,” she stated.
Chow mentioned that the financial impact of this decision will be minimal.
“It’s more of a symbolic gesture,” she added.
By Wa Lone