Customer Logins

Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.

Customer Logins

Automotive Insights - Canadian EV Information and Analysis Q4 2021

04 February 2022

Highlights

  • Zero Emission Vehicle (ZEV) trends in Canada remain strong and in 2021, 1 out 20 new vehicles registered in Canada was a ZEV.
  • Share of ZEV climbed to 5.6% up from 3.8% in 2020.
  • Total ZEV volume increased by 58% y/y, and Battery Electric Vehicles (BEV) have grown 51% y/y.
  • Plug-in Hybrid Electric Vehicles (PHEV) have grown nationally by 73% y/y.
  • British Columbia leads the way with adoption of electrification, and ZEVs account for 13.0% of all new light vehicles for 2021 in the province.

National Enhanced Fuel Type Trend

The combined volume of light vehicles of all electrification types (including EV/PHEV/HEV/FCEV (xEV) grew 66% in 2021, when compared to 2020. Likewise, hybrid EV (HEV) increased 74% or +41,394 units, Fuel Cell EV (FCEV) increased 102 units, BEV 51% or 20,197 units and PHEV increased 73% or 12,000 units. The combined xEV penetration now stands at 11.8%, up from 7.6% in 2020. ICE vehicle share of Industry saw its largest decline, where ICE share now stands at 88.2% a 4.2 percentage point drop from 2020.

Download the full Canadian EV Insights report and sign up to receive future installments


This article was published by S&P Global Mobility and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Explore

{"items" : [ {"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fautomotive-insights-canadian-ev-information-analysis-q4-21.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fautomotive-insights-canadian-ev-information-analysis-q4-21.html&text=Automotive+Insights+-+Canadian+EV+Information+and+Analysis+Q4+2021+%7c+IHS+Markit+","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fautomotive-insights-canadian-ev-information-analysis-q4-21.html","enabled":true},{"name":"email","url":"?subject=Automotive Insights - Canadian EV Information and Analysis Q4 2021 | IHS Markit &body=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fautomotive-insights-canadian-ev-information-analysis-q4-21.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=Automotive+Insights+-+Canadian+EV+Information+and+Analysis+Q4+2021+%7c+IHS+Markit+ http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fautomotive-insights-canadian-ev-information-analysis-q4-21.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"} ]}
Filter Sort