EV sales on upswing as incentives, Mideast conflict drive buyer interest
Electric vehicle sales in Canada are rising again in early 2025, driven by the reintroduction of federal incentives through the EV Affordability Program and higher gasoline prices linked to Middle East tensions. February saw over 12,600 zero-emission vehicles sold, a significant increase from the previous month, with particularly strong growth in Quebec. Experts attribute the rebound to the $5,000 rebate and growing consumer concern over fuel costs, though affordability and high interest rates remain ongoing challenges.
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Open this photo in gallery:Experts expect sales to continue rising, as consumers take advantage of Ottawa’s EV Affordability Program.Corey Rudy/ReutersShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountFederal electrical vehicle incentives and surging gasoline prices are boosting sales of EVs again, after purchases slowed last year.More than 12,600 zero-emissions vehicles were sold in February, compared to nearly 8,700 the month before, according to recent Statistics Canada data. Sales peaked at more than 30,000 in September, 2024. Experts expect sales to continue rising, as consumers take advantage of Ottawa’s EV Affordability Program, and seek relief from inflated gas prices, owing to the ongoing conflict in the Middle East.
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