Munzir HakimiElectric Vehicle Sales Surge in Canada
Battery Electric and Plug-in Hybrids Hit Record Highs
New data reveals a surprising twist: despite gloomy headlines, electric vehicle (EV) sales in Canada are soaring. Battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) now make up 12.9% of all new registrations, a significant leap from just 3.4% five years ago.
- 65,000 BEVs and PHEVs registered in Q2
- 12.9% of all new vehicle registrations
J.D. Ney from J.D. Power notes that the market has moved past early adopters but faces challenges convincing mainstream buyers due to cost concerns and charging infrastructure.
Shifting Gears
Automakers are adjusting their strategies as consumers hesitate to go fully electric:
- General Motors: Scaling back EV production by 50,000 units.
- Ford: Delaying an electric SUV for a hybrid model instead.
Despite these shifts, companies remain committed to electrification.
Laying Out a Road Map
The federal government is pushing for faster EV adoption with ambitious targets:
- 20% zero-emission cars by 2026
- 60% by 2030
- 100% by 2035
However, carmakers argue that more needs to be done to improve charging infrastructure and affordability.
