Canada is anticipated to unveil new regulations this week, mandating that all vehicles sold in the country must be zero-emissions by 2035, as reported in various news outlets.
These forthcoming regulations, likely to be named the Electric Vehicle Availability Standard, aim to ensure that automakers meet the demand for zero-emissions vehicles. A senior government source, speaking on condition of anonymity to the Canadian Broadcasting Corporation (CBC), revealed the government’s intention behind these measures.
The source told the CBC that Canada has concerns over other countries, including the U.S., having a commanding influence on the supply of zero-emission vehicles. The announcement is expected to take place Tuesday, the reports said.
The Toronto Star, also citing a senior government official, reported the regulations seek to both reduce wait times for electric vehicles (EVs) and ensure the supply is “going toward Canadian markets.”
The official emphasized that implementing this nationwide approach ensures a consistent supply and facilitates faster access to electric vehicles for consumers across all provinces.
According to reports from The Toronto Star, the new regulations are expected to stipulate that zero-emissions vehicles constitute 20 percent of all new car transactions by 2026, escalating to 60 percent by 2030, and reaching 100 percent by 2035. Canada is anticipated
These regulations will be directed at automakers, who will earn credits based on the quantity of electric vehicles (EVs) they sell, as reported by the CBC. The credit system will be tiered, with different vehicles earning varying credits based on their proximity to the zero-emissions standard.
Moreover, automakers can accumulate credits by contributing to the development of EV charging infrastructure. Early credits can be earned by introducing EVs before the regulations officially commence in 2026. To meet their targets, companies can trade credits with others, allowing flexibility for those surpassing or falling short of their specified goals.