According to the latest numbers from S&P Global Mobility, Canadian zero-emission vehicle (ZEV) sales continued to grow in 2022. Nationally, one of every eleven new vehicle registrations was a zero-emission vehicle (ZEV), or 8.9 per cent.
This is up from 2021 by over three percentage points. For Canada a ZEV includes hybrid and plug-in hybrid vehicles. When combined the ZEV market share in Canada reached over 10% for the first time ever, accounting for 10.2% of all vehicles sales in the country last year.
British Columbia continues to lead the country in ZEV adoption, with 14.9 per cent of new registrations in the province being zero-emission. Here is a full breakdown by province according to S&P.
A continued trend is the dominance of Vancouver, Montreal and Toronto in terms of ZEV adoption. These three cities and surrounding areas account for 58 per cent of the total zero-emission volume in the country. While urban centres are responsible for 85.6 per cent of zero-emission volume, rural only have 14.4 per cent of the volume.
“Not only has the market share of ZEVs increased, but the overall volume of ZEVs has also seen a substantial growth. Year over year, the total volume of ZEVs in Canada has increased by 38.8%,” says S&P Global. (via Electric Autonomy)
When looking at purely battery electric vehicle (BEVs), this segment also saw a substantial 65.4% increase in volume.
In terms of brands, Tesla continues to be the king in Canada, and by a wide margin. The top ten brands in Canada in 2022 were:
Interestingly, only Toyota and Kia saw a decline in year-over-year vehicle volume; all other brands saw gains. Tesla’s dominance should continue into 2023, but we should see it drop a little as more entrants and vehicles enter the Canadian market in 2023 and beyond.