Business · Companies · 4 hrs ago

Canada’s EV sales rise, but remain off pace for federal targets

Canada’s EV sales rise, but remain off pace for federal targets

Electric vehicle sales in Canada rose 55% in August compared with the same month in 2025, according to Statistics Canada data.

In the third quarter, electric vehicles made up 7% of the market, or about 10% when plug-in hybrids and direct-to-consumer sales are included.

The federal government now aims for 75% of vehicles sold to be electric by 2035 and 90% by 2040, after changing its earlier targets.

Robert Karwell of JD Power said Canada’s sales growth is welcome but the country is still not on track to meet those goals.

Electric vehicles are getting cheaper on average, but they still cost about $7,000 more than gas-powered vehicles, while hybrids make up about 17% of the market.

Charging access remains a barrier, particularly for people who do not own a home where they can charge a vehicle.

The federal government announced $9 million in July to install nearly 400 chargers across Canada, and Karwell expects electric vehicle uptake to keep growing as prices fall.

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What people are saying

Robert KarwellJD Power director of OEM solutions
The data right now is telling us no
via Global News
While they’re doing better, they’re not on that path
via Global News
It’s a little bit surprising, a little stronger than we would have expected
via Global News