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Wait times growing for Canadians wanting to purchase electric vehicles

As gas prices remain high in Canada, interest in electric vehicles (EVs) is surging, with about two in three Canadians considering purchasing one for their next vehicle, according to a recent AutoTrader survey. Baris Akyurek, AutoTrader's marketing intelligence director, notes that interest in EVs has been growing steadily, particularly amidst the COVID-19 pandemic and increasing gas prices. Nationally, EV searches rose by 89% year-over-year, and dealership inquiries about EVs increased by 567%. Despite this interest, only 5.6% of vehicle sales in Canada were EVs in 2021, up from 3.2% in 2020. Akyurek anticipates further growth in EV sales but acknowledges factors causing purchasing delays, including supply chain disruptions and heightened demand for electric vehicles. Despite these challenges, the trend suggests a significant shift towards EV adoption in Canada.


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