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Ontario cuts off rebates for electric vehicles costing more than $75K

from CBC News

A provincial government rebate program for people who buy or lease electric vehicles in Ontario will no longer include incentives for cars costing more than $75,000. CBC Toronto previously reported that in 2016 taxpayers shelled out nearly $800,000 in rebates for cars with six-figure price tags. That figure includes five payouts, at an average of more than $5,000, for one of the most expensive cars ever manufactured — the $1.1-million Porsche 918 Spyder. more

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