Of the 75,636-plus zero-emission vehicles newly registered in Canada in Q3 2024, 74 per cent were battery-electric vehicles
The Q3 2024 numbers mark an all-time high for the Canadian EV sector with S&P predicting that EVs will make up 15.2 per cent of all light-duty vehicle sales in 2024
The StatsCan data shows there was an incremental increase in new battery-electric vehicle registrations in 2023 over the previous year
Data provider predicts Canada’s zero-emission vehicle market share will hit 16 per cent by the end of 2024, despite widespread talk of a slump in ZEV sales
More than 65,000 zero-emission vehicles were registered in Q2 2024 — a 30 per cent quarter-over-quarter increase
Quebec was the only province to post a gain in Q1 and now leads all provinces in ZEV market share (at 25 per cent) and ZEV volume
The overall decline reflects a drop in battery electric vehicle registrations nationally to 8.2 per cent, compared to 9 per cent in Q4, while plug-in hybrid registrations held steady at 3 per cent
Big news at the provincial level, meanwhile: for the first time ever, Quebec and B.C. tied for the largest ZEV market share, at 21.4 per cent
Battery electric and plug-in hybrid vehicle market share was 13.2 per cent, down a fraction from Q3, but still well above Q2’s 10.5 per cent, according to S&P Global Mobility
Zero-emission vehicle registrations reached 12.1 per cent, gaining more than two percentage points of market share, according to Statistics Canada
