Consultants at Ernst & Young (EY) suggest that Canadians will require significant financial incentives for at least five years to maintain the current growth rate of electric vehicle (EV) sales. The Canadian government, led by Prime Minister Justin Trudeau, has prioritized the transition from fossil fuels to EVs. EV sales are currently at record levels.
Canadians will need at least five years of “very heavy” financial incentives from Ottawa and the provinces in order to keep electric vehicles (EVs) sales growing at today’s pace, say consultants at global accounting firm Ernst & Young (EY).
Prime Minister Justin Trudeau’s government has made the transition from fossil fuels to electrified transportation a showcase economic issue. EVs are selling in record numbers.
Canada Electric Vehicles Evs Financial Incentives Ernst & Young Sales Growth Fossil Fuels Transition
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