This program is designed for businesses like yours to help you transition to zero-emission vehicles (ZEVs). By participating, you can receive up to $200,000 in incentives for purchasing or leasing medium- and heavy-duty ZEVs. This financial support can significantly reduce your upfront costs, making it easier to adopt environmentally friendly technology.

Why Apply?

• Substantial Incentives: Up to $200,000 per vehicle.
• Wide Range of Eligible Vehicles: Choose from many makes and models.
• Flexible Financing: Available for both purchase and lease (12 months or more).

Benefits to Your Business

• Cost Savings: Lower fuel and maintenance costs over time.
• Environmental Impact: Reduce your carbon footprint and contribute to a greener future.
• Competitive Edge: Enhance your brand’s reputation as a leader in sustainability.

Qualifying for this program is straightforward, and the potential benefits to your business are immense. Take advantage of this opportunity to modernize your fleet and support a cleaner environment.

Type of Financing: Grant

Repayment Terms and Interest Rates:

• This is a grant, so there is no repayment required.
• No interest rates apply.

Eligible Expenses:

• Purchase or lease (12 months or more) of medium- and heavy-duty zero-emission vehicles (ZEVs).
• Costs associated with the acquisition of eligible ZEVs.

Use of Funds:

• Funds can be used to cover the purchase or lease of eligible ZEVs.
• Cannot be used for non-eligible vehicles or other unrelated business expenses.

Fees:

• There are no fees associated with applying for or receiving this grant.

The government offers a program that can provide your business with up to $200,000 in incentives. This money can be used to purchase or lease medium- and heavy-duty zero-emission vehicles (ZEVs) for at least 12 months.

Eligible vehicles include:

• Battery-electric
• Plug-in hybrid electric
• Fuel cell electric

The main benefit of this program is the significant financial support it offers. By switching to ZEVs, you can reduce your operating costs and contribute to a cleaner environment. There are no payback requirements for the incentive, making it a straightforward financial boost for your business.

This program is a great opportunity to modernize your fleet, lower maintenance costs, and enhance your company's sustainability efforts.

1. Gather Required Documentation:

• Business registration documents
• Financial statements (last two years)
• Business plan
• Quotes for the ZEV purchase or lease
• Proof of Canadian business address

2. Choose an Eligible Vehicle:

• Review the list of eligible medium- and heavy-duty zero-emission vehicles (ZEVs) under the iMHZEV Program.
• Select a vehicle that meets your business needs.

3. Obtain Quotes:

• Contact dealerships or authorized sellers for quotes on the selected ZEV.
• Ensure the quotes include all necessary details for the application.

4. Complete the Consumer Consent Form:

• Download the latest version of the Consumer Consent Form from the iMHZEV Program website.
• Fill out the form accurately.

5. Submit Application:

• Visit the iMHZEV Program application portal.
• Fill out the application form with your business details and vehicle information.
• Upload the required documentation and the completed Consumer Consent Form.

6. Review and Confirm:

• Double-check all entered information and uploaded documents for accuracy.
• Confirm submission of the application.

7. Await Approval:

• The iMHZEV Program team will review your application.
• Be prepared to provide additional information if requested.

8. Receive Incentive:

• Upon approval, the incentive will be processed.
• Use the incentive towards the purchase or lease of the selected ZEV.

9. Complete Purchase or Lease:

• Finalize the purchase or lease agreement with the dealership or authorized seller.
• Ensure all terms are clear and agreed upon.

10. Maintain Records:

• Keep all documentation related to the purchase or lease and the incentive for future reference or audits.