Grants and Contributions:

Title:

Agreement for the reimbursement of incentive(s) provided under the iZEV Program

Agreement Number:

280980

Agreement Value:

$106,250.00

Agreement Date:

Oct 1, 2023 - Dec 31, 2023

Description:

The program provides financing for incentives offered to consumers who buy or lease an eligible ZEV.

Organization:

Transport Canada

Expected Results:

Increasing affordability and availability of ZEVs across Canada to low/middle income families; Long-term environmental benefits to Canadians.

Location:

Toronto, Ontario, CA M4M 2A5

Reference Number:

217-2023-2024-Q3-90586

Agreement Type:

Grant

Report Type:

Grants and Contributions

Recipient Business Number:

896343734

Recipient Type:

For-profit organization

Additional Information:

The total funding provided in this reporting period represents 22 incentives provided by the recipient.

Recipient's Operating Name:

DOWNTOWN HYUNDAI

Recipient's Legal Name:

DOWNTOWN HYUNDAI

Federal Riding Name:

Toronto--Danforth

Federal Riding Number:

35109

Program:

Incentives for Zero-emission vehicles program

Program Purpose:

The purpose of this Program is to provide federal funding to increase the adoption of zero-emission vehicles (ZEVs) across Canada.