Are electric vehicles 100% environment-friendly?

Technically, no. While fully electric cars have no emissions like hybrids or gas-fuelled cars, their environmental impact is still influenced by where their power comes from. Electricity fuelled by coal will still have a negative carbon footprint when compared to electricity powered by a renewable resource. And in the case of FCEVs, much of the hydrogen comes from natural gas – which means there is still a negative impact when fueling up even if it's much less than a gas-fuelled car.

Is it worth it to buy an electric car?

Electric cars cost more to buy upfront than gas-powered cars but have cheaper running costs, so it's worth calculating how long it will take you to recoup the additional purchase price of an EV. Use an online calculator like the one from PlugNDrive to compare the purchase price and running costs of gas and electric cars.

Will I still qualify for an EV rebate if I lease an electric car?

As a general rule, yes. You will qualify for the federal government EV incentive if you buy or lease an eligible vehicle. The same typically applies in terms of provincial government rebates. However, check the terms and conditions where you live to make sure you qualify.

Can I get an EV car loan if I have bad credit?

Yes, many online lenders offer bad credit car loans – rather than focusing on your credit score, they assess your income and your ability to repay the loan. However, you may need to settle for higher interest rates.