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