CleanTechnica•about 21 hours ago
Canada’s EV Policy Shift Is About Credits, Not Mandates
Key Takeaway
Canada's new EV credit-based policy will accelerate EV adoption, leading to increased electricity demand that power developers and large consumers must anticipate and plan for.
AI Summary
- •Canada's federal government is shifting its EV industrial policy from explicit sales quotas to a credit-based system focused on steadily tightening fleet average emissions for automotive manufacturers.
- •This policy change incentivizes automakers (OEMs) to increase EV production and sales in Canada, driving higher EV adoption rates.
- •For power developers and large power consumers, this signals a future increase in electricity demand across Canada due to widespread EV charging needs, impacting grid planning and potential infrastructure investments.
Topics
emissionsoempolicy
Article Content
Canada has quietly shifted into a new phase of EV focused industrial policy, not by announcing a dramatic ban or a sweeping mandate, but by changing the arithmetic that governs the automotive market. The federal government has moved away from explicit EV sales quotas and toward steadily tightening fleet average ... [continued] The post Canada’s EV Policy Shift Is About Credits, Not Mandates appeared first on CleanTechnica .