Photo Credit:Globe and Mail

EV Rebates Are Nice. This Is Better

25 Jun 2024 | Abstracted from Globe and Mail

"One could argue, then, that declining curiosity about EVs is a reflection of waning interest...However, the numbers tell a different story. The Canadian market share of new battery electric vehicle sales...increased to 8.1 per cent last year, up from 6.5 per cent in 2022...Globally, there were more than 500 EV models in 2022, according to the International Energy Agency, more than double the number since 2018.

"...there were likely other factors boosting sales. Like word-of-mouth, new models, an expanding charging infrastructure and resignation to the fact that the world appears to be going electric."

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