Automotive Insights – Canadian EV Information and Analysis Q3 2021 | 2022


Highlights

  • Zero Emission Vehicles (ZEV) trends in Canada remain strong
    through the third quarter, with 1 out 20 new vehicles registered in
    Canada being ZEV.
  • Share of ZEV remains steady at 5.3% for the year.
  • Battery Electric Vehicles (BEV) have grown 67% or +18,055 units
    y/y.
  • Plug-in Hybrid Electric Vehicles (PHEV) have grown nationally
    by 75% or +8,826 units y/y.
  • British Columbia leads the way with adoption of electrification
    where ZEVs account for 12.3% of all new light vehicles for the
    current year to date.

National Enhanced Fuel Type Trend

Total volume of BEV/PHEV/HEV/FCEV (xEV) decreased in the third
quarter versus the second quarter for 2021, with the penetration of
xEV vehicles making up 12.2% of the overall market while
traditional ICE vehicle share decreased in the same timeframe.
Although, xEV decreased in volume by 6.7%, ICE vehicles also
decreased by 7.7%, showing that both powertrains are being impacted
by inventory shortages in the third quarter.

Only PHEV had a q/q volume increase, +233 units while ICE, BEV
and HEV all had volume declines. Brand leaders this quarter across
xEVs include: HEV Toyota (13,058), PHEV Toyota (2,317), FCEV Toyota
(39) and BEV Tesla (7,909).

Download the full analysis and sign
up to receive future installments


Admin

The smell of the leather seats, the sound of the throttle, and even light from outside—all affect your state of mind. That’s what makes a good car great.

Leave a Reply