EV sales

It is already more cost effective over the long term to buy an electric vehicle than a gas-powered model, but the savings must get substantially higher if Canada is to meet its EV sales targets, the parliamentary budget office concluded in a new analysis.

The number of rebates issued for electric vehicles soared in the spring, sparking hope that sales of battery-powered cars and trucks might finally be on track to meet national targets set by Ottawa.

Far from just impacting transportation today, the pandemic and ensuing economic fallout could have big implications for the transit systems of tomorrow.