For years, electric vehicles in Canada have been considered as little more than a curiosity for most. Now, the transportation sector is being turned on its head by the rise of electric vehicles (EVs). According to StatsCAN, BEV registrations in Canada hit a record high in 2022. This article will describe 4 main reasons why people are shifting to EVs.
Clean Air in the community
One of the major benefits of electric cars is that they can contribute to improving air quality in the community. The report from science direct shows that electric vehicles produce up to 73% and 89% less pollution compared to gas or diesel powered cars. With no tailpipe, pure electric cars produce no carbon dioxide emissions when driving, which further increases the advantages of electric vehicles over traditional ones.
Government Incentive
The federal and provincial government supports customers purchasing or leasing EV cars. Depending on the province, you can get Incentives from $1500 to $8000, with BC and Quebec having the highest subsidies. Please find more information at: Canada EV Incentives
Save on Fuel and Maintenance Costs
More potential car buyers are realizing the transfer from a traditional gasoline engine car to a new sustainable energy car. Not only reduces their carbon footprint but also saves money on gasoline and frequent miles maintenance fees(average changing synthetic oil costs $65 to $130, plus the cost of filter and labor).
We understand that the initial price point for EV cars has been a barrier pushing some buyers away. However, compared with gas-powered cars, the total cost of an EV is economical and has unbeatable features.
Creating a New Economy and Job Opportunities
The demand for EVs has built up a new economic chain, motivating society to discover and generate more new clean energy. The supply of sustainable energy is filling up the gap and reaching a balance point. Because of this, many traditional petroleum companies are now moving their core strategies to a new race based on EV related products, such as residential EV charging, commercial fast charging, and off-grid solar EV charging.
Investments in sustainable energy (solar, tidal, wind, geothermal and more) are also being used to secure spots in the future energy market share, resulting in a win-win situation through job opportunities for engineers, production plans, and scientists. At the same time, these people will contribute to exploring a more valuable market.