Number of electric vehicles in Waterloo Region is 5X higher than in 2017

Over the past three years, the number of electric vehicles (EVs) owned by Waterloo residents has jumped five times. In 2017, EVs accounted for 559 vehicles registered in the region.

Today, there are almost 2,800 EVs registered.

Sustainable Waterloo Region was ecstatic with the results. The groups original goal for 2020 was to hit 1000 EVs on the road.

EV charging infrastructure is a work in progress but many in the Waterloo region have taken advantage of the EV rebates. Most EV owners charge their vehicles at home overnight and use the various level 3 chargers along the 400 series of highways to quickly recharge on longer trips.

In addition, the region is installing more chargers over the next five years, which will only increase EV adoption.

As the affordability gap between internal combustion engine (ICE) vehicles and EVs is dropping, Sustainable Waterloo Region hopes to see more EVs in the region in the future. There are currently more than 30 different EVs that qualify for the new federal EV incentive. That EV incentive is up to $5,000 back for EVs worth up to $55,000.

Source: The Record

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