Tuesday, January 19, 2021
News How Does EV Pricing In Canada Compare To The Rest Of The...

How Does EV Pricing In Canada Compare To The Rest Of The World?

Did you know that Canada is one of the countries in the world where EVs are the most affordable?

  • Canada and the US are easily in the top 10 cheapest places to buy an EV
  • EV is some areas are more than three times more expensive.
  • There are 5 million EVs on the road worldwide.

Now, we’ve all read and seen for ourselves that electric cars and SUVs are, for the moment at least, more expensive than comparable ICE vehicles. Be that as it may, pricing for these EVs is not equal or even in every market. A UK-based company selected the Nissan LEAF, the world’s most popular EV (now) and priced it in 49 countries around the Globe. It seems as though the LEAF is quite affordable in Canada.

Compare the Market offers independent and impartial comparison on car and home insurance products, pricing on various items and more. This exercise concentrates on the pricing, in US dollars, of a new Nissan LEAF. Compare the market looked up manufacturer’s suggested retail prices on official Nissan website in each country in February 2020. Some prices include local government incentives, which is not the case for the US price.

2019 Nissan LEAF SL+ Review: Competition Is Fierce

The Canadian price is off by $2,000 CDN (as of writing the story), but even once converted to US dollars, Canada remains in the Top 10. Either way, the price also does not take into consideration Federal and Provincial incentives.

These numbers are lifted directly from the Compare The Market press release and should be considered as serving only for ranking:


10 cheapest countries to purchase an EV:

  1. Spain – $28,620
  2. Réunion – $28,730
  3. Portugal – $29,702
  4. Poland – $30,680
  5. Japan – $30,703
  6. Norway – $31,439
  7. United States – $31,600
  8. Canada – $31,893
  9. France – $32,487
  10. Republic of Ireland – $33,028

10 most expensive countries to purchase an EV:

  1. Singapore – $110,326
  2. Thailand – $64,675
  3. Argentina – $61,600
  4. Taiwan – $50,362
  5. Malaysia – $46,655
  6. Israel – $45,757
  7. Brazil – $45,630
  8. Costa Rica – $42,500
  9. Finland – $42,211
  10. Sweden – $41,288

(Currency in USD)

2019 Nissan LEAF PLUS
2019 Nissan LEAF PLUS | Photo: Nissan

Trending Now

New Ford Raptor To Debut On February 3rd

We’ll finally find out if it gets a V6, or V8, or both. Fans are hoping that the Shelby GT500’s supercharged V8 will...

New Lada Niva Confirmed for 2024

Classic 4x4 sold in Canada until 1998 All-new retro styling, but not an EV Four all-new models are coming from Lada including the first...

Nokian Tyres Introduce The All-Season One Tire

This is an all-season passenger tire. Combined with One HT, the One meet 91% of all tire needs. The One is a balanced...

Lordstown Motors Says More Than 100,000 Pre-Orders for EV Pickup

Lordstown tops 100k commercial pre-orders Production to start in September in former Cruze plant Upstart electric pickup-maker Lordstown Motors, who set up shop in...

Rolls Royce Preparing An All-New Ultra-Luxurious Electric Car

It will be based on the new Phantom and use BMW EV tech. This new Rolls Royce should be revealed by year’s end. The...
Matt St-Pierre
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.