Tag Archives: MEI

Electric Vehicle Quotas Imposed on Carmakers Will Drive Up Car Prices

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Canada Electric Vehicle EV Credit Quotas System Imposed on Carmakers Will Drive Up Car Prices Montreal Economic Institute MEI

MONTREAL, CNW Telbec/ –   EV Sales Quota & Credit System Starting with their 2018 models, carmakers will be faced with electric and hybrid vehicle sales quotas. Most carmakers will have to accumulate a number of “credits” equal to 3.5% of their sales, increasing gradually to 22% in 2025. Carmakers that fall short will have to buy the credits they’re

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Electric Vehicle Subsidies is the Most Expensive Way to Reduce GHG Emissions

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Electric Vehicle Subsidies is the Most Expensive Way to Reduce GHG Emissions EV car sales Canada Malaysia sustainable urban mobility Montreal Economic Institute

Subsidies for the purchase of electric vehicles have little effect on GHG emissions and are much more expensive than other incentive measures.   Sell More Electric Vehicles with Subsidies While Quebec and Ontario are trying to stimulate the sale of electric vehicles any way they can, an Economic Note published today by the MEI shows that subsidizing the purchase of such vehicles is the

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