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).
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