EV sales: 214% Year-over-year growth
Canadian EV Market overview
Cumulative EV sales for all-time has reached new heights. The Canadian EV market has now hosted nearly 70,000 Plug-in EV (PEV) purchases. An even split between 35,000 Battery-electric Vehicles (BEV) and 35,000 Plug-in Hybrid Electric Vehicles (PHEV). That’s impressive because it was this time last year that we were blowing the party-whistle over 40,000 PEVs total.
The massive expansion in the EV market began last year and has gained momentum throughout the latter-half of 2017 and again in the second quarter of 2018, with a brief lull during January and February of 2018.
Fast five EV sales facts:
214% Year-over-year growth in EV sales
143% Even without a rush to redeem the Ontario EV incentive and Tesla Model 3 sales, EV sales still grew by 143%
14,626 EVs were sold in Q2 – compared to 11,060 for all of 2016
2,785 Tesla Model 3 sales in its first quarter of availability. Undoubtedly the strongest first quarter for a new EV model.
37 different models of EVs sold in Q2 – lots of options for consumers
Read the complete analysis on the FleetCarma website.