Canada is taking a bold stance towards electric cars so far

Canada recently released the first details of its key policy to achieve one of its most ambitious climate goals yet — by 2035, every new car sold in the country must be zero-emissions. Although Canada is ambitious, it may achieve this feat within the next 12 years.

Although veterans like Tesla have satiated Canada over the years, the country’s electric vehicle sector is still in its infancy. In 2021, only 5.6% of new cars sold in Canada will be electric. By comparison, electric vehicles accounted for 19% of new car sales in the UK. Electric vehicles are most impressive across the European Union and China, where they account for 17% and 16% of new car sales, respectively.

As noted in a report from Toronto starGovernment actions and electric vehicle policies have had a significant impact on electric vehicle sales across Canada’s provinces. In British Columbia, for example, one in five new cars sold in the third quarter of 2022 was electric, but in Ontario, the ratio was one in 13. And so, Canada’s federal government has announced proposed regulations to meet zero-car sales targets. Emissions to even the inter-provincial ballpark.

Canada’s new policy requires auto manufacturers to increase the percentage of electric vehicles available for sale in the country. This is because while measures aimed at boosting EV adoption may not have problems stimulating demand, they do not address the issue of supply. Federal policy pushing automakers to increase their supply of electric vehicles in Canada will allow more customers in the country to choose an electric vehicle.

Such a strategy is likely to be appreciated by consumers. According to a poll by Clean Energy Canada and Abacus Data, 59% of Canadians already believe EVs are less expensive to own than combustion-powered cars when all costs are considered. Studies that have shown this belief support that electric vehicles can save drivers thousands of dollars over gas-powered cars over the life of the vehicle.

In a press release, the government also announced a number of investments that should make electric vehicle ownership easier for residents.

  • It has invested in an additional 50,000 electric vehicle charging stations across the country, for approximately 85,000 federally funded charging devices across Canada by 2027. This is in addition to charging stations supported by provincial governments and the private sector.
  • Renewal program that saves Canadians up to CAD 5,000, and businesses up to CAD 10,000, off the cost of buying or leasing a ZEV. More than 180,000 individuals and companies have benefited from this program so far.
  • Making historic investments in making electric vehicles in Canada, which means buying ZEVs made in Canada by Canadian auto workers and Canadian drivers to buy.

His Excellency Mr. Omar Al-Ghabra, Minister of Transport, shared his thoughts on the proposed regulations.

“Helping Canadians switch to zero-emission vehicles is critical to reaching our climate goals: it keeps the air cleaner and helps people save money, all while positioning Canada as a leader in building cleaner cars. Today’s announcement is a major milestone under the Canada Action Plan.” for clean transportation on roads. These regulations will help ensure Canada can meet ambitious ZEV sales targets, reduce pollution on our roads, and achieve net zero emissions by 2050,” Al Ghabra said.

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Canada is taking a bold stance towards electric cars so far

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