Wednesday, June 19, 2024
NewsCanada will need 200,000 EV charging stations by 2030

Canada will need 200,000 EV charging stations by 2030

A report from the Ministry of Natural Resources shows Canada will need 200,000 charging stations in 2030.

  • This will make for a ratio of about 1 charger for 24 electric vehicles.

  • The infrastructure changes needed for EVs will need investments of $20 billion

  • This is necessary to meet the government’s goal of having every new vehicle sold in 2035 be electric.

A new report from the Ministry of Natural Resources shows that Canada will need to have 200,000 EV charging stations by 2030 in order to meet its goals for electrification.

Having this number of public charge points would enable a ratio of 1 charger for every 24 electric vehicles on the road.

As of now, there are 16,640 public charging stations available throughout Canada, with plans to add a further 84,500 chargers by 2027.

These plans will have to be bonified since they only call for about half of the number of charging stations needed to sustain the government’s goal in terms of electrification.

Indeed, Ottawa outlined its targets for the electrification of the transport sector which aim to have 15% of all new vehicles sold in the country be electric vehicles in 2025, 60% in 2030, and 100% in 2035.

Stopping the sale of gasoline-powered vehicles will gradually reduce the emissions generated by transportation, which represents about 25% of the air pollution in Canada.

Boosting the number of public charging stations up to 200,000 in less than a decade will require investments of $20 billion.

Doing so will allow a better market share for electric vehicles by alleviating one of the most frequent criticisms of EVs.

Indeed, car buyers used to cite range anxiety and purchase cost as the reasons why they didn’t choose an electric vehicle, but recent surveys show this preoccupation has shifted to the charging network.

Making more stations available to the public will also make it easier to complete road trips with an electric vehicle and it could make it possible to own an EV for drivers who don’t have access to charging at home.

Ottawa says the push toward electrification will make it more attractive for private companies to add their own charging stations, which will help Canada reach the 200,000 charger mark on time.

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