Question will be resolved according to this dashboard: https://www150.statcan.gc.ca/n1/pub/71-607-x/71-607-x2021019-eng.htm, or successor dashboards/Statistics Canada data if the above dashboard no longer works. "Plug in" means battery-electric or plug in hybrid. Will resolve to prob, according to Q4 2026 data. Close date is aiming to be before this dashboard updates with q4 2026 data, but not very much before.
Other related questions I've created:
/equinoxhq/what-percentage-of-total-vehicle-re
/equinoxhq/what-percentage-of-new-vehicle-regi
/equinoxhq/what-percentage-of-new-vehicle-regi-c806071e0139
1,000So 2025 didn't go as expected - Q4 2025 number was 11.2%. That is subject to revision, but far off the growth rate I expected.
I still do think once BEVs are cheaper to make than gas cars, which I expect to happen over the next few years as battery prices continue to precipitously decline, the growth rate will spike. But, it's clear that at present, subsidies are driving the market in many places, and Canada cut theirs, and then put some back.
Also of note, the ~50K "China can import at only 6% tariffs" deal will probably have an effect, as 50K is like 1/4 of annual sales. How quickly those cars will arrive and start impacting our market, I'm less sure.
