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The Bright Future of Electric Cars in Canada: It's Aready Here

The Bright Future of Electric Cars in Canada: It's Aready Here

If you are wondering about the future of electric cars in Canada, we have some important food for thought. Over the next 5-10 years, we are going to see a profound change in the way Canadians buy cars, at least in the more urban areas.


Even as you are reading this, there has been a dramatic increase in the number of level-3 chargers being installed throughout Canada.


These level-3 chargers allow for quick recharging and are the first step towards allowing the transition from gas-powered cars to fully electric vehicles; Petro Canada has already jumped on the bandwagon and has started to offer charging stations for patrons.


EV Charger Levels. Source: Central Hudson


Gasoline engines are going to be banned in Canada


In 2035 much like California, Canada has banned the production of gas-powered cars in Canada, so by 2045.


With the exception of some limited sports cars and collectible vehicles, the majority of cars on the road will be powered by electricity.


We figure 2045 because, after ten years, most Canadians will want to opt for a new vehicle.


Since gasoline-powered cars are going to be a thing of the past, The future of  electric cars are a reality.


What about hydrogen cars?


While this technology is exciting, it is still a fuel source that produces electricity that powers electric motors, so whether you are using an EV that has a lithium battery or a hydrogen storage tank, the net result is essentially the same, it is an EV.


Reasons to make the switch to an EV today


We have established that EVs are going to be a part of life here in Canada and south of the border.


The longer you postpone making the transition, the more expensive it will be for you in both the short and near term.


Gas prices are going to rise after the US primary elections in November; when they do, you are going to be paying a premium just to fill up your gas-powered car.


By switching to an EV, you are able to budget for fuel because electricity prices are predictable and affordable.


Take advantage of financial incentives


The government is offering financial incentives to purchase a zero-emission vehicle (ZEV); these incentives include tax rebates on the purchase of the EV.


This will help you save money on the upfront investment, but the EV also has less maintenance compared to the gasoline-powered equivalent.



Aside from rotating the tires and changing the filters in the HVAC system, you won’t need to have any maintenance at all on the vehicle; say goodbye to oil changes forever!


There is a growing number of lenders that offer EV loans, so you will have no issues being able to secure financing, but you should move fast and lock in the savings before interest rates go any higher.


If you need a car loan right away Click here to get pre-approved, we'd love to help!


Categories: EV motoring