108
Honda shelves $11B Canada EV factory as its electric retreat deepens (electrek.co)
submitted 4 months ago by to c/canada@lemmy.ca
47 comments fedilink hide all child comments
 

cross-posted from : https://lemmy.zip/post/63799437

you are viewing a single comment's thread
view the rest of the comments
[–] 4 points 4 months ago* (2 children)

Just bought my first EV, it was a bit steeper, but i expect to save $40,000 in maintenance and gas over the same 12 years i owned my previous car.

Cant imagine ever going back to ICE.

I'm curious where you are getting the sales drop, i see an increase: https://electricautonomy.ca/data-trackers/ev-sales-data/2026-03-13/zev-sales-in-canada-rise-to-11-2-per-cent-market-share-in-q4-2025-statscan/

New ZEV registrations across Canada hit 11.2 per cent market share in Q4 2025, according to the latest data from Statistics Canada.

While that is an increase over the 9.7 per cent market share of ZEVs from Q3 2025, it represents a drop in overall volume.

If i had to guess why, its due to the incentives starting to wind down (such as BC droping its sales tax rebate), the cost offset is reducing.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 2 points 4 months ago* (last edited 4 months ago) (1 child)

    Those are registrations of EVs not sales, so it includes all EVs sold to date. The actual sales of new EVs are declining says Stats Canada:

    "Zero-emission vehicle sales: In 2025, 169,972 ZEVs were sold in Canada, a decline of 35.7% from 2024. This sharp decrease was likely influenced by changes to federal and provincial ZEV incentive programs. In particular, the suspension of the federal Incentives for Zero-Emission Vehicles program in January 2025, along with the reduction of rebates offered under Quebec's Roulez Vert program, likely contributed to lower ZEV demand in 2025.

    In 2025, new ZEVs accounted for approximately 8.7% of all new motor vehicles sold in Canada. Again, this represents a significant decline from 2024, in which ZEVs accounted for 13.8% of new motor vehicle sales."

    https://www150.statcan.gc.ca/n1/daily-quotidien/260316/dq260316c-eng.htm

    There's nothing wrong with EVs for certain tasks, particularly commuting to work. But the uninformed claims that EVs are taking over gas cars and that a company is doomed if it doesnt jump into EVs is just silly. They're clearly NOT preferred by most buyers - and our north American automotive history is littered with many EV startups that have already tried and gone bankrupt. I think Lucid is on the brink just this week, and we've already seen Fisker, Canoo, Lordstown, Coda, Proterra, LION busses, Sparrow, Faraday and Nikola bite the dust. Electra Meccanica SOLO was designed and started in BC and its done too.

    I even have a tiny bit of money invested in an EV startup but after 7 years of struggle Im heavily doubting they'll make it to mass market.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 3 points 4 months ago

    I definitely think if they were cost comprable, and they are headed in that direction, they will be the preferred option, but i agree that its happening a lot slower than I expected.

    Thanks for the links!

  • permalink
  • fedilink
  • source
  • parent