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When the Canadian province of Ontario first announced its lucrative rebate program for electric vehicles (EV), we'd venture to guess that residents interested in purchasing an EV were overjoyed. At $5,000 to $8,500, Ontario's rebate program offers one of the grandest monetary incentives for EVs around. But as the program rolls out and the details trickle in, Ontario's plan now looks a lot less grand.

Ontario has decided to reward early adopters of plug-in hybrids and electric vehicles (EVs) by launching one of the most lucrative rebate programs found anywhere. Beginning July 1st, Ontario will offer rebates ranging from $5,000 to $8,500 to individuals, businesses and organizations that purchase or lease a new plug-in vehicle. The rebates will only be offered to the first 10,000 qualified applicants, but due to the lack of availability of qualified vehicles, hitting the quota might take a whil

Toyota Prius PHEV prototype - click above for high-res image gallery

Ford Focus EV "mule" - Click above for high-res image gallery