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Old 07-15-2009, 08:09 AM   #1 (permalink)
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Default Ontario looks to jolt electric car market

KAREN HOWLETT AND GREG KEENAN

From Wednesday's Globe and Mail Last updated on Wednesday, Jul. 15, 2009 04:38AM EDT


The Ontario government will help take the sting out of buying pricey electric cars by offering purchasers incentives of as much as $10,000, Premier Dalton McGuinty is expected to announce today.

The financial incentives, which will be available to buyers beginning next year, are part of the Ontario government's ambitious plan to be in the vanguard of the next generation of the auto industry.

Mr. McGuinty, who is to unveil the government's strategy today at a Toronto Chevrolet dealership, is rolling out the incentives just as the battle heats up among auto makers to offer the first and most advanced hybrid-electric and battery-powered vehicles on the market.

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