Electrifying progress: A complete economic outlook of the Canadian EV industry
April 9, 2025
EMC's new report explores the economic impacts of the transition to electric mobility across the entire value chain—from mining and assembly to infrastructure, R&D, and workforce development.
Tens of billions of dollars are currently being invested in the Canadian EV industry by the private sector, institutions and government entities. However, there is a growing amount of misinformation in the media about EVs and the industry, particularly amid political uncertainty and tariff threats.
EMC has partnered with EY to develop a comprehensive and balanced analysis of the EV transition. Our economic report focuses on the projected economic contributions of EVs, comparing job creation and GDP growth between eMobility and traditional mobility sectors up to 2040. Additionally, the report delves into the broader benefits of eMobility (health, environmental impacts and technological innovations) through insightful case studies of Canadian projects.
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