Toyota 2021 RAV4 Prime priced just below federal EV incentive cap

According to Toyota Canada, its latest PHEV SUV, the 2021 RAV4 Prime, has a range of up to 68 kilometres of pure electric range thanks to an 18.1 kilowatt-hour lithium-ion battery. Combined with its 2.5-litre Atkinson-cycle internal combustion engine (ICE), this means the RAV4 Prime can travel nearly 1,000 kilometres before drivers will need to fill up.

With 233 electric motor horsepower on board – 140 kilowatts in the front and 40 kW in the rear – the new PHEV SUV is also powerful enough to drive at 135 km/h and can go from zero to 100 km/h in just six seconds (making it the second fastest vehicle in the Toyota Canada lineup after the GR Supra).

With a base price of $44,990, the new Prime is just below the federal government’s $45,000 EV incentive cap, making the value proposition even better. In British Columbia, RAV4 consumers will also be entitled to an additional $1,500 in provincial discounts; in Quebec, they’ll be entitled to a whopping $8,000 in provincial incentives.

This means that in Quebec, after the $5,000 federal grant and $8,000 in provincial grants are taken into account, the list price of a 2021 Toyota RAV4 Prime would be just $31,990.

Photo: Toyota Canada Inc.