HIGHLIGHTS (vs Q2 2024)
- Zero emission autos (ZEVs) account for 1 in 6 new autos
registered in Canada. ZEVs market share was 16.5% for Q3 2024; up
from 13.4%. - ZEVs quantity elevated 14.4% whereas complete gentle responsibility autos
(GVW =< 8,500 lbs) quantity decreased by 6.8%. - The market share of battery electrical autos (BEV) elevated
to 12.2%; with quantity rising by 15.1%.
ZEV Registrations Hit New Highs
Within the third quarter of 2024, Canada's ZEV market continued its
upward trajectory, reaching a brand new milestone with a 16.5% adoption
fee. Which means that roughly 1 in each 6 new automobiles
registered in Canada was a ZEV. This development displays a 14.4%
improve in total ZEV quantity in comparison with the earlier quarter,
pushed by a 15.1% rise in BEVs and a 12.4% improve in plug-in
hybrid electrical autos (PHEVs).
Obtain the complete Canadian EV
Insights report and signal as much as obtain future installments
