The Canadian government is set to announce new regulations requiring all new cars in the country to be zero emissions by 2035. The initiative, named the Electric Vehicle Availability Standard, aims to address long wait times for electric vehicles (EVs), thereby stimulating consumer demand. The regulations will mandate zero emissions vehicles (ZEVs) to constitute 20% of new car sales in 2026, escalating to 60% in 2030 and reaching 100% by 2035. Automakers can earn credits toward their ZEV quotas by selling EVs prior to the 2026 enforcement and by establishing public fast chargers. This move is anticipated to ensure a stable supply of EVs across all provinces, alleviating wait times. Statistics Canada reports that one in eight new vehicles sold nationwide is electric or plug-in hybrid. The regulations align with global trends, with other countries and U.S. states implementing similar mandates. Industry analysts argue that the regulations will push automakers to fulfill their promises of delivering more affordable EV models, fostering both emissions reduction and economic savings for consumers.
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