Tag Archives: Canada Electric Vehicle Market trends and forecast

Canada Electric Vehicle Market: {Growth Trends}, {Demand}, and {16.97% CAGR Forecast}

The Canada electric vehicle market has experienced remarkable growth, reaching 115.90 thousand units in 2022. With a projected compound annual growth rate (CAGR) of 16.97% from 2023 to 2028, this expansion is driven by several factors, including robust government incentives, stringent emissions regulations, increasing environmental consciousness, a wider variety of EV models, and continuous advancements in battery technology.… Read More »