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Automotive Insights – Q2 2024 Canadian EV Data and Evaluation

by | Sep 16, 2024 | Automotive

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Sep 13, 2024

HIGHLIGHTS (vs Q1 2024)

  • Zero emission automobiles (ZEVs) account for 1 in 8 new automobiles
    registered in Canada. ZEVs market share was 13.4%
    for Q2 2024; up from 12.5% in Q1.
  • ZEVs quantity elevated 36.9% whereas complete mild
    obligation automobiles (GVW =< 8,500 lbs) quantity elevated by 27.3%
    .
  • The market share of battery electrical automobiles (BEV) elevated
    to 9.9%; with quantity rising by
    36.3%.

ZEV Registrations Bounce Again

Quarter 2 has confirmed to be a pivotal interval for zero-emission
car (ZEV) registrations in Canada, marking an all-time excessive in
quantity. New ZEV registrations on this interval surged, pushing the
general market share to 13.4%, up from 12.5% in Quarter 1 — an
enhance of .9 proportion factors. This is because of a formidable
36.9% quarter-over-quarter quantity enhance.

Obtain the total Canadian EV
Insights report and signal as much as obtain future installments



This text was revealed by S&P World Mobility and never by S&P World Scores, which is a individually managed division of S&P World.








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Laubeau Jac Lawrance

Laubeau Jac Lawrance

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