Wednesday, May 25, 2022
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

Report: Ford to Possibly Revive Thunderbird Name

The new Thunderbird could become the Chevrolet Corvette fighter. Like the Lightning, the THUNDERbird would be resurrected for an EV. It’s been almost a...

1955 Mercedes-Benz 300 SLR Coupé Sells for a Record $142 million

A private collector purchased the car from Mercedes-Benz for a record €135 million. The car is one of only two 1955 Mercedes-Benz 300...

A GM Design Study Shows a Possible Replacement for the GMC Terrain

The drawing shows a futuristic EV wearing the GMC and Denali logos The portrayed vehicle looks like a compact SUV It is still...

All-Electric Volkswagen Station Wagon Might be Called ID.7 Tourer

It would be the production version of the ID. Space Vizzion and Aero B. Initially, it was thought to be called the ID.6. Station...

EV Prices are on the Rise and the Increases are not About to Stop

Material costs are responsible for price jumps. Some automakers are holding off, but many have already passed the higher costs to their customers. The...
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.