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 months ago by [email protected] to c/[email protected]
96 comments fedilink hide all child comments
 

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] 18 points 2 months ago (3 children)

i would love for my next car to be an EV

It doesn't need to have 1000km range, or edge to edge touch screens, or anything fancy

Give me something like a subaru impreza, with 300-400km range, and a sunroof.

[โ€“] [email protected] 7 points 2 months ago (1 children)

Give me a Honda fit but electric and make my landlord give me the ability to charge it. Some fancy tech would be nice, but I drive a used economy vehicle for a reason

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

I think you nailed one of the biggest but least talked about factors in mass adoption. I'd love to get an EV, but the only used ones I could reasonably afford would require daily charging as I'd use well over half a charge per workday and I have nowhere to charge at home or work.

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

Me too. Like, I drive a shitty ice, but Iโ€™d consider a decent upgrade in vehicles, only for an Ev and only with somewhere to charge it. Like, thatโ€™s one of the major reasons my wife and I are thinking of switching to renting or buying a house at the end of our lease.

And people like us are necessary for adoption. Weโ€™re the โ€œyeah but even they have one and like itโ€ people

[โ€“] [email protected] 5 points 2 months ago (1 children)

I'm still tempted to do a diy conversion to get specifically what I want and nothing else. I have to get my money's worth out of my bike too though.

[โ€“] [email protected] 3 points 2 months ago

i saw someone who moded an olschool subaru brat into an EV. Said he put a... Leaf battery and motor in it. Was really cool to see!

(stock photo)

[โ€“] [email protected] 4 points 2 months ago (1 children)

The bolt ev and euv is an amazing car I love it and it fits your criteria.

[โ€“] [email protected] 11 points 2 months ago (1 children)

The Bolt was discontinued after the 2023 model. But hey you can buy a new EV Chevy Equinox now starting at $55k >_>

[โ€“] [email protected] 7 points 2 months ago (1 children)
[โ€“] [email protected] 6 points 2 months ago

This is fantastic. I need a new car but wasn't in as position to buy a Bolt when they were available. I can hang on for another year or so until the new EUV.