New report finds zero-emission vehicle availability growing across Canada
In a new study commissioned by Transport Canada on zero-emission vehicle (ZEV) supply, Dunsky Energy + Climate Advisors find that ZEV availability has increased significantly across Canada, growing by 81% between February 2021 and February 2020. The report shows that all provinces in Canada have appropriate ZEV inventories with 8 of 10 provinces over supplied. The data was collected in November 2020 and February 2021.
“Automakers are bringing an increasing number of ZEVs to market to meet consumer needs,” said Brian Kingston, President & CEO of the Canadian Vehicle Manufacturers’ Association (CVMA). “Efforts must now focus on addressing the well-documented barriers to ZEV adoption including higher prices of ZEVs, insufficient consumer purchase incentives, a lack of charging infrastructure and consumer education”.
According to the report, overall ZEV inventory levels are now in “optimal range”. The report acknowledges that demand for ZEVs is directly linked to governmental financial support, charging infrastructure investments, and an increasingly diverse range of ZEV options on the market.
The full report can be found here – https://www.dunsky.com/wp-content/uploads/2021/12/DunskyZEVAvailabilityReport_2021-04-1.pdf
For further information, please contact:
Canadian Vehicle Manufacturers’ Association
About the Canadian Vehicle Manufacturers’ Association (CVMA)
The Canadian Vehicle Manufacturers’ Association is the industry association that has represented Canada’s leading manufacturers of light and heavy duty motor vehicles for more than 90 years. Its membership includes Ford Motor Company of Canada, Limited, General Motors of Canada Company, and Stellantis (FCA Canada Inc.). Collectively its members operate 4 vehicle assembly plants as well as engine and components plants, and have over 1,300 dealerships. 136,000 jobs are directly tied to vehicle assembly in Canada. Direct and indirect jobs associated with vehicle manufacturing are estimated at over 792,000 across Canada. Please visit www.cvma.ca.