Canada’s energy watchdog is forecasting a decrease in electric vehicle sales this year as Ottawa gears up to implement mandatory sales quotas for zero-emission vehicles in 2026.
Electric vehicle sales fell 23 percent in the first quarter of 2025 in comparison to the same timeframe last year, causing market share to dip to just 9 percent, according to a new report from Canada Energy Regulator.
“Weaker sales in 2025 are likely to be the case for a variety of reasons including current levels of economic uncertainty associated with tariffs, backlash against one of the top selling brands Tesla, as well as the recent pause, cancellation and wind down of incentive programs across Canada,” the regulator said in its latest market snapshot, which was first covered by Blacklock’s Reporter….