Tag Archives: sales quota

Electric Vehicle Quotas Imposed on Carmakers Will Drive Up Car Prices

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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