2025 will be a year of great improvement in the field of electric vehicles among battery technology, changes in market dynamics, or infrastructure expansion.
News in Battery Technology
- Solid-State Batteries: Companies like Hyundai are working their way up solid-state battery technology. According to report, They plans to test prototype EV batteries on a pilot production line by 2025.. Conversely, compared to traditional lithium-ion batteries, solid-state batteries offer better safety, higher energy density, and longer lifespans.
- Extended Range Innovations: Companies such as Honda and Tesla are working on technologies that will extend EV range by as much as five times. Honda’s new batteries boast up to 1,000 km/620 miles-on a single charge, potentially doubling the range of current EVs.
Market Dynamics and Sales Forecast
- Global Adoption: The global EV market is at an rapid growth rate. Forecasts have EVs and HEVs reaching as much as 30% of total vehicle sales by 2025, from less than 1% in 2016.
- Canada’s Market: Federal and provincial incentives spur EV adoption in Canada. Programs like the Incentives for Zero-Emission Vehicles (iZEV) rebate offer up to $5,000 on qualifying EV purchases, While additionally, provinces like Quebec and British Columbia provide additional rebates to encourage clean vehicle adoption. By 2025, EVs are expected to make up a significant share of vehicle sales, driven by affordability and infrastructure growth.
Infrastructure Expansion
- Charging Network Growth: There has been huge investment in the EV charging infrastructure in Canada to meet the growing demand. The federal government has committed over $500 million through the Zero-Emission Vehicle Infrastructure Program (ZEVIP) to install EV chargers across Canada. This funds public, workplace, and residential chargers, improving accessibility in urban and rural areas. Moreover, Ontario and British Columbia are adding new charging stations along major highways for long-distance travel by EV owners. This rapid expansion is in line with the government’s goal of reaching 100% zero-emission vehicle sales by 2035.
- Pion Power EV Home Charging Solution: Although there is a significant improvement in public infrastructure, having appropriate home & portable charging is necessary. Pion Power offers portable Level 2 EV chargers, including the FLEX-AC series, designed for Canadian EV owners. Engineered for fast, efficient charging even in cold weather, they ensure your vehicle is always ready. Learn more about Pion Power EV Chargers.
Affordable Models and Rebates:
- New Models: There will be more affordable EV models in the year 2025. The Chevrolet Equinox EV, for instance, have entered the Canadian marketplace at $43,909 CAD*. Those more affordable vehicles, on top of the federal and provincial rebates, make EVs increasingly accessible to a wider audience.
- Eligible Rebate with Pion Power: Pion Power’s chargers are fully eligible under The Following Rebate Program:
Quebec’s Financial Assistance Program for Charging Stations.
British Columbia: Owning & buying an EV Owning & buying an electric vehicle
Homeowners can receive financial support when installing a Pion Power charging station, making it easier and more affordable to power their electric vehicles at home.
Conclusion
The year 2025 is shaping up to be transformative for the electric vehicle industry in Canada and globally. Advancements in battery technology, increased market adoption, expanded infrastructure, and supportive policies are all converging to accelerate this transition to electric mobility.
In the near future, Canadian owners will enjoy more options with better efficiency and affordable accessibility.
Home charging solutions are a must-have for those looking to enhance their experience. Built to provide Canadian residents with reliable, portable, fast charging, Pion Power EV chargers can be handled by the tough winters and varying energy demands of Canada. Explore FLEX-AC series today and stay ahead of the curve in the EV revolution.
*the price is calculated with Potential Federal Incentive