Analysts Skeptical Ontario Will Meet 2020 Electric Vehicle Target

EV

 

December 7, 2017

Ontario is envisioning a future in which millions of electric vehicles are on the roads, but analysts predict consumer uptake will remain far off the government target for 2020, despite tens of millions of dollars in subsidies.

The Liberal government has been encouraging electric vehicle sales by doling out $75 million in rebates to vehicle owners, offering various other incentives and programs, installing a network of charging stations and spending $1 million to open an electric vehicle education centre.

But that so far hasn’t translated into vast numbers of vehicles. The official data for 2017 isn’t yet available, but at the end of last year, electric vehicles represented less than one per cent of all passenger vehicle sales in Ontario.

In just two years, by 2020, the government hopes to see that number increase to five per cent.

It can’t be done, analysts say.

“The chances of meeting it aren’t low, they’re zero,” said auto industry analyst Dennis DesRosiers. “In the auto sector all roads lead to electric, it just happens to be that the road to serious acceptance of them is probably at least 2030 and more likely 2040, 2050.”

Tony Faria, an auto industry analyst at the University of Windsor, agrees that Ontario won’t meet its goal by 2020.

“We will almost assuredly get to five per cent electric vehicles purchased or on the road at some point in time, it’s just not going to be in the next couple of years,” he said. “We’re really wedded to our gasoline-driven vehicles because of the flexibility they give us distance wise, amazing availability of where you can fill up and so on.”

Range anxiety — a fear that an electric vehicle would run out of charge somewhere far from a charging station — is cited by analysts, the industry and government as one of the main reasons more people haven’t yet switched to electric vehicles.

The government announced in July 2016 that it would spend $20 million to build a network of 500 public charging stations along highways and at public places across the province by March 31, 2017.

But now, more than eight months after that self-imposed deadline, just two-thirds of the stations are in use.

Read the full article here: http://www.cbc.ca/news/canada/toronto/ontario-electric-vehicle-target-2020-1.4430760

 

Related Articles


Latest Articles


Changing Scene

  • Federal Investment to Add 989 New Montreal Homes

    Federal Investment to Add 989 New Montreal Homes

    November 18, 2024 The federal government is providing nearly $364 million to help build 989 new homes in Montreal. The announcement took place at 5200 rue de la Savane, in Montreal, which received $100 million dollars through the Apartment Loan Construction Program (ACLP) to build 303 homes and will be operated by Olymbec. This rental building, named Lynk, is designed to… Read More…

  • ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    November 18, 2024 ABB completed the previously announced 50/50 joint venture with Niedax Group. The Abnex Inc. joint venture (JV) will broaden solutions and advance opportunities in the rapidly growing North American cable management market. Integrating engineering and manufacturing capabilities of ABB’s Installation Products Division with Niedax Group will enable the newly formed company to deliver a… Read More…

  • Ontario Building More Electric Vehicle Charging Stations

    Ontario Building More Electric Vehicle Charging Stations

    November 18, 2024 The Ontario government is building over 1,300 new electric vehicle (EV) charging ports in small and medium-sized communities, marking a major milestone in the province’s plan to increase access to EV chargers outside of large urban centres and support the electrification of transportation across the province. As the province continues to see… Read More…

  • Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    November 18, 2024 The Ontario government is launching the second round of its Skills Development Fund (SDF) Capital Stream starting November 29, with over $74 million in available funding to build, expand and retrofit training facilities for workers in the trades, including construction, manufacturing technology and health care. The government is also investing nearly $5 million from the first… Read More…