Unless policies or technologies change, the ownership cost of electric vehicles (EVs) needs to decrease by 31 per cent if Canada to wants to reach its sales target of 60 per cent EVs by 2030, according to a new report released Thursday by Parliamentary Budget Officer Yves Giroux.

Last December, the federal government unveiled its Electric Vehicle Availability Standard that outlined zero-emission vehicle sales targets for automakers. The standard requires all new light-duty sales in Canada to be electric or plug-in hybrid by 2035. There are also interim targets of at least 20 per cent of all sales being EVs by 2026 and 60 per cent by 2030.

Those federal government targets come as growth forecasts for auto companies have plateaued and concerns about charging infrastructure persist. The price of EVs has also pushed the cars out of reach for many consumers. According to the Canadian Black Book, the average cost of an EV was $73,000 in 2023.

  • streetfestival
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    3 months ago

    Have we as a country ever met a climate target? In fairness to our politicians (not really), the O&G industry regulates them and not the other way around. Until that power relation changes, our targets are just greenwashing

    • pedz
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      3 months ago

      AFAIK the only environmental goal that we met was the Montreal protocol and the elimination of chemicals harming the ozone layer.

      As a result of the international agreement, the ozone hole in Antarctica is slowly recovering. Climate projections indicate that the ozone layer will return to 1980 levels between 2040 (across much of the world) and 2066 (over Antarctica). Due to its widespread adoption and implementation, it has been hailed as an example of successful international co-operation. Former UN Secretary-General Kofi Annan stated that “perhaps the single most successful international agreement to date has been the Montreal Protocol”.

      I think we also did something about acid rain for a few decades now but I can’t find any specific agreement. All I know is that I’m in my 40ies and thus old enough to remember it was an issue when I was a kid, and that the US and Canada agreed to do something about it.

      Some governments, including those in Europe and North America, have made efforts since the 1970s to reduce the release of sulfur dioxide and nitrogen oxide into the atmosphere through air pollution regulations. These efforts have had positive results due to the widespread research on acid rain starting in the 1960s and the publicized information on its harmful effects.

      I don’t know what changed but apparently, we don’t really care about the rest now.