TORONTO – The Atmospheric Fund (TAF) today joined Parliamentary Secretary Julie Dabrusin at Beach United Church to announce the official reopening of TAF’s “EV Station Fund.” The fund will support installation of about 800 electric vehicle (EV) charging stations across the Greater Toronto and Hamilton Area (GTHA). Applicants are eligible to receive technical support and rebates for up to 50% of the costs of installing Level 2 or DC fast chargers.
Electrifying cars and trucks is a key pathway to reaching net zero emissions in Canada. But the lack of charging infrastructure in public spaces and multi-family residential buildings, where one third of Canadians live, is a barrier to equitable EV adoption. Building on the successful first round of this program, TAF is prioritizing installation of chargers in these locations.
Further preference will be given to locations where multiple “ride-hailing” drivers reside, such as taxi, Uber, and Lyft drivers. These groups drive up to five times more than the average Canadian, so transitioning to EVs generates greater fuel savings and shorter payback periods. Electric ride-hailing vehicles are highly visible, which helps popularize the use of EVs for the broader population.
Funding for TAF’s EV Station Fund comes from Natural Resources Canada’s Zero Emission Vehicle Infrastructure Program (ZEVIP), which has provided a total of $5 million for TAF’s EV Station Fund. The fund’s initial $2 million was fully subscribed, and applications are welcome for the second $3 million tranche.
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“The EV revolution is coming, and one way to ensure no one is left behind is to make charging affordable and accessible. We plan to double down on supporting the rollout of EV charging in public spaces and multi-family buildings to help tackle climate change in cities and make the EV transition more equitable.” – Ian Klesmer, Director Strategy & Grants, The Atmospheric Fund
“The Government of Canada is supporting a network of electric charging infrastructure across the country, and local partners like The Atmospheric Fund are vital to this work. The Atmospheric Fund is successfully deploying about 800 chargers across the GTHA which will help Canadians make the switch to a cleaner source of transportation while saving money at the pump. The $3 million federal top-up will help those who live in multi-unit buildings to access charging, including many Torontonians who work as ride-share drivers. Congratulations to The Atmospheric Fund on this innovative approach to climate action in our communities.” – Julie Dabrusin, Parliamentary Secretary to the Minister of Natural Resources and to the Minister of Environment and Climate Change, M.P. for Toronto-Danforth
HIGHLIGHTS
- About 35% of the carbon emissions in the Greater Toronto and Hamilton Area are from transportation and are increasing.
- Find out more about TAF’s EV Station Fund and apply at EV.taf.ca
- EV Station Fund recipients will receive rebates of up to 50% of their EV charger purchase and installation costs.
- Eligible recipients include municipalities, utilities, parking authorities, public institutions, non-profit organizations, and multi-family residential buildings.
- Learn more about Natural Resources Canada’s Zero Emission Vehicle Infrastructure Program (ZEVIP).