Quote:
Originally Posted by Derek Sutton
https://www.ctvnews.ca/autos/canada-...2026-1.6203478
One-fifth of all passenger cars, SUVs and trucks sold in Canada in 2026 will need to run on electricity under new regulations Environment Minister Steven Guilbeault is proposing Wednesday.
By 2030, the mandate will hit 60 per cent of all sales and by 2035, every passenger vehicle sold in Canada will need to be electric.
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I'm quite pessimistic about the upcoming 20% target coming up. From what I have seen, EV sales are about 7% this year and that is up from 5.6% last year. There is considerable pent up demand and supply shortages currently but it looks like access to cheap financing might be going away so the growth needed to hit 20% may not exist.