Tuesday, January 31, 2023
News Sales Of Zero-Emission Vehicles Are Up In Canada

Sales Of Zero-Emission Vehicles Are Up In Canada

Thanks in part to the new Zero-Emission Vehicle Incentive Program, the sales of these vehicles increased by 30% in Canada.

It was a predictable scenario, but we can now talk about a heightened – and very successful – consumer interest in the Zero-Emission Vehicle Incentive Program launched by the federal government earlier this year. According to Ottawa, purchases or rentals of these zero-emission vehicles will help reduce greenhouse gas (GHG) emissions by 36,000 tonnes over the next twelve months.

Earlier this month, the Honorable Marc Garneau, Federal Minister of Transport, confirmed that over 14,000 purchases or rentals had been made under the government rebate program to date. The government also predicts that, for the life of these vehicles, Canada’s territory would be exempt from 429,000 tonnes of greenhouse gases.

In the first half of 2019, sales of zero-emission vehicles increased by 30% compared to the same period last year. In other words, the market share of zero-emission vehicles rose to 3% in the first half, compared to 2% for the same period in 2018.

Remember that the sales target for zero-emission vehicles must reach 10% of total sales by 2025, 30% in 2030 and 100% by 2040. The government rebate program, in effect since May 1st, provides rebates of up to $ 5,000 to consumers who choose to purchase or lease a zero-emission vehicle.

Trending Now

Most Popular Cars in the United States in 2022

The Ford F-Series dominates the list of the most popular cars in the United States in 2022. Strong sales gains for Tesla Model...

The Genesis X Convertible Concept Will Enter Production as a Halo Car

The brand’s CEO made the announcement during the Genesis dealer meeting. This model could be priced around $200,000 to $300,000. No specifications have...

Hyundai will Invest $8.5 Billion into EVs, Including a Dedicated US Factory

$5.5 Billion of this investment will go toward a new factory in Georgia that will only build electric vehicles. The other $3 Billion...

The All-New 2024 Mazda CX-90: Everything You Need to Know

It features two new hybrid powertrains. The CX-90 is not only the most powerful Mazda ever but the most luxurious. Mazda Canada has just...

Get Ready for Less Wait Times and Lower Prices With Ford’s 2023 Mustang Mach-E Plans

Price cuts range from $4,750 - $8,500 depending on the model. Ford will increase Mach-E production for 2023. Ford recently announced plans to significantly...

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.