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submitted 2 months ago by girlfreddy@lemmy.ca to c/canada@lemmy.ca

Unless policies or technologies change, the ownership cost of electric vehicles (EVs) needs to decrease by 31 per cent if Canada to wants to reach its sales target of 60 per cent EVs by 2030, according to a new report released Thursday by Parliamentary Budget Officer Yves Giroux.

Last December, the federal government unveiled its Electric Vehicle Availability Standard that outlined zero-emission vehicle sales targets for automakers. The standard requires all new light-duty sales in Canada to be electric or plug-in hybrid by 2035. There are also interim targets of at least 20 per cent of all sales being EVs by 2026 and 60 per cent by 2030.

Those federal government targets come as growth forecasts for auto companies have plateaued and concerns about charging infrastructure persist. The price of EVs has also pushed the cars out of reach for many consumers. According to the Canadian Black Book, the average cost of an EV was $73,000 in 2023.

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[-] hesusingthespiritbomb@lemmy.world 3 points 2 months ago

American here. Does Canada have any domestic auto manufacturers?

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[-] LeFantome@programming.dev 3 points 2 months ago

Pair this news with the 100% tariff on EV imports.

Closet fossil fuel subsidy in disguise.

[-] Smk@lemmy.ca 1 points 2 months ago

Why not subsidize electric bike Jesus Christ. Why the fuck are we subsidizing the auto industry, they got us by the fucking balls already.

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this post was submitted on 29 Aug 2024
125 points (98.4% liked)

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