The transformation of Canada Electric Vehicle is picking speed up rapidly with the automakers committing an estimate of $1.2 Trillion to the electrification through the year 2030 for building tens of the millions for the electric vehicles, more than the double of amount from only a year ago. As more of the electric vehicles come to the market, the countries around the world have been rapidly building the charging infrastructure and supporting the citizens in transition to the electric.
While others race ahead for an electrified future, the country is on a low battery of Canada.
As per the electric vehicle readiness index which is developed by the global accounting firm Ernst Young, Canada has now fallen from the eighth place in the year 2021 to the 13th in the year 2022 of the top 14 vehicle markets of the world. The main reasons are the lack of ambition on the charging infrastructure and the consumer incentives.
The recent assessment of the needs of charging suggests that for every 24 electric vehicles on road by 2030, Canada is going to need just one public charger. Comparing this to California, a jurisdiction the federal government regularly co-operates with on the climate policy where the estimate of the California Energy commission estimates that every 12 electric vehicles on road is going to require one public charger by the year 2030.
The charging infrastructure build-out of Canada is very concerning too. As of the year September 2022, only 2500 chargers had been operational of planned 84,500 government funded charging.
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At the pace of construction, the chargers which are government funded won’t be operational until after 2050 which is decades after the target of EV sales which the government has set. Canada has an antiquated approach to the electricity which is becoming difficult for the country.