this post was submitted on 29 Aug 2024
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EV prices need to drop by one third if Canada wants to hit sales targets, says gov't report (www.ctvnews.ca)
submitted 2 weeks ago by [email protected] to c/[email protected]
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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.

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[โ€“] [email protected] 8 points 2 weeks ago (2 children)

As a condo owner with an EV, getting a charger installed was only marginally more difficult than if I was freehold. There are already laws in place that require condo boards to respond to charger installation requests and enter an agreement with the owner. I think getting more street parking chargers like they have all over Europe would be a good idea and installing charging bays in all new condo towers should be a requirement for the developer.

A big barrier to EV adoption is also education. I have been asked so many questions about my EV from my neighbours, friends, and families. The dealership wasnโ€™t able to answer like 80% of my questions. I had to do a ton of learning online to understand the features of my car, how it works, how to charge it, when it operates well or poorly etc.

[โ€“] [email protected] 6 points 2 weeks ago (1 children)

Street chargers would be good. If I recall those laws for requiring condo boards to respond are very recent, and a good start.

You're absolutely right about the lack of education though. I swear half the people I talk to think the only way to charge one is via an 800v fast charger, and the other half assume my range is about 100km in the winter.

[โ€“] [email protected] 1 points 2 weeks ago (1 children)

People are always shocked about the range, lol. I get about 400km and people always do a double-take at that.

[โ€“] [email protected] 2 points 2 weeks ago (1 children)

My winter range on a highway with heat on is around 385, which is the sticker value when I bought it.

My summer range is almost 500.

It's a lot more than people think.

[โ€“] [email protected] 1 points 2 weeks ago

Yeah. I think some of the first-gen Leafs or something got some hilarious number like 80km, and lots of people just never updated their belief after that, lol.

[โ€“] [email protected] 4 points 2 weeks ago

The dealership wasnโ€™t able to answer like 80% of my questions

In my experience, the dealerships are not very interested in selling EVs. They actively discouraged me from even test driving the model they had on the lot, the last time I needed to buy a replacement vehicle.