(Source: CTV News)

The Ontario government plans to rev up Ontario drivers’ interest in electric cars by offering up to $10,000 in cash incentives to drivers who buy the cars.

Under a plan announced today by Ontario Premier Dalton McGuinty, drivers will receive rebates of between $4,000 and $10,000 for plug-in hybrid and battery electric vehicles purchased after July 1, 2010.

“They tell me when they roll the first of these off the assembly line, they’re going to be expensive relative to the conventional care powered by an internal combustion engine,” McGuinty told reporters from a General Motors dealership in Toronto.

“Well, we want to help people buy those first cars; we want to help the early movers.”

Read the full article “Ontario offers cash incentives for electric cars” in CTV News (July 15, 2009).

Don’t think this is related to real estate? Check out whats happening in Vancouver! “Vancouver condo developers take note — charging stations for electric cars may be near

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