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.
Maybe don’t put a 100% tarrif on affordable Chinese EVs then?
Hard disagree, we should be reducing our reliance on China, not increasing it.
I agree, but we also need to lower our GHG emissions. Since we refuse to improve urban planning or transit, EVs are a step in the right direction.
Correct, but that doesn’t mean we need the ones designed and manufactured in China. There are already other options designed and manufactured in better countries.
And the ones from China still cost less after the 100% tariff
And that isn’t suspicious to you at all?
What’s suspicious is western car companies refusing to make small cheap EVs that consumers might actually want to buy.
China or oil? Which do you want to be more dependent on at the moment
Switching to cheap EVs does not get us off fossil fuels as much as you think.
Personal transportation only accounts for something like 20% of the total fossil fuel use.
