Policies and
Incentives
Policies and Incentives play a crucial
role in promoting the adoption of EVs.
Policies and Incentives play a crucial
role in promoting the adoption of EVs.
A study of such measures in 20 countries found that three major factors influence EV market share
Canada
is investing in all of these areas and more...
With the goal of 100% new Light Duty vehicles being Zero Emission by
2035
This is being accomplished by
Setting minimum ZEV sales targets
Infrastructure investment
Incentives
Research into alternative fuel opportunities
Canadais also investing in frameworks
and incentives for MHDZEVs
Do you know how much money the iMHZEV Program provides for Medium and Heavy Duty Zero Emission Vehicles?
- Four year program providing approximately $550 million in purchasing incentives
- Covers up to 50% of the difference between a ZEV and its traditional counterpart, up to $200k per vehicle
- Applies to Class 2B to Class 8, with 499 models eligible
Canada is a signatory to the Global
Memorandum of Understanding on
Zero-Emission Medium- and Heavy-
Duty Vehicles, which seeks to have:
30% MHDZEV
sales by
2030
100% MHDZEV
sales by
2040
Rural and remote regions are implementing programs to facilitate EV adoption.
These projects have led to 32 high-speed charging stations as largely grassroots initiatives with support and funding from governments and other partners.
NRCan is funding Indigenous-led projects that address EV adoption challenges.
Indigenous Clean Energy's Charge Up program is providing funding for EV charging stations in Indigenous communities.
The Malahat First Nation has also spearheaded a new battery factory on Vancouver Island, which is set to be completed in 2025.