New cars sold in Canada must be zero-emission by 2035, Trudeau government announces | FULL

Environment Minister Steven Guilbeault on Tuesday clarified the government’s timeline for its 2035 electric vehicle (EV) target, announcing that by 2026, 20 per cent of all new vehicle sales must be EVs.

He also outlined how the new credit system will work, with companies earning, losing and banking credits for meeting, exceeding or missing sales targets.

Companies will be forced to pay one credit for every vehicle not sold under their target. They can also begin earning credits right away for selling EVs before 2026 and for building fast-charging stations.

Guilbeault said the federal government expects to have installed 85,000 electric vehicle (EV) charging stations by 2029. However, he said the government also expects the majority of EV users will charge their vehicle at home.

For more info, please go to https://globalnews.ca/news/10176714/canada-ev-emissions-targets/

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