openPR Logo
Press release

Canada Electric Vehicle Market Report 2019: By Key Players, Share, and Forecast 2019-2025

02-22-2021 10:06 AM CET | Logistics & Transport

Press release from: Orion Market Research

Canada Electric Vehicle Market Report 2019: By Key Players,

Canada electric vehicle market is expected to grow at a significant CAGR of over 18.0% during the forecast period (2019-2025). The factors that drive the growth of the market include the supportive programs to encourage the purchasse of Zero-emission vehicles. As of May 2019, all Canadians who purchase EVs or plug-in hybrids are eligible for an incentive of $2,500 to $5,000 depending on the dealer’s terms and conditions. In addition, the government of Canada offers its citizens access to a variety of incentives. For instance, for the model of the BMW in 2020, the buyer will be provided with an incentive of $1,250, $2,550, and 3,750 for 12-month, 24-months, and 36-month lease periods respectively.

(Get 15% Discount on Buying this Report)

A full report of Canada Electric Vehicle Market is available at: https://www.omrglobal.com/industry-reports/canada-electric-vehicle-market

Moreover, in Canada, incentives for vehicles started in Ontario, British Columbia, and Quebec, offering incentives to lower down the initial cost of EVs. Ontario’s rebate started at $8,500 in 2010, and after that, it went up to $14,000 before its cancellation in July 2018. Besides, in British Columbia and Quebec rebate now range from $1,500 to $8,000. In 2019, the Federal Government set a rebate of $5,000 for the customers to buy EVs. Thus, the government incentives, fuel prices, charging infrastructure are supporting the Canada Electric vehicle market to grow as well as increasing the interest of the people for buying EV.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/canada-electric-vehicle-market

Market Coverage

• Market number available for – 2018-2025
• Base year- 2018
• Forecast period- 2019-2025
• Segment Covered- By Vehicle Type, By Propulsion Technology, By Battery Type
• Region Covered- Canada
• Competitive Landscape- BMW AG, Audi AG, Hyundai, Ford Motors Co., Tesla, Inc, Volkswagen AG, and others.

Key Questions Addressed by the Report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Canada Electric Vehicle Market Report Segment

By Vehicle Type

• Commercial Vehicles
• Passenger Cars
• Two-wheelers

By Propulsion Technology

• Battery
• Plug-In Hybrid

By Battery Type

• NiMH
• LI-ion
• Others

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/canada-electric-vehicle-market

Company Profiles

• Audi AG
• BMW AG
• Fiat Chrysler Automobiles N.V
• Ford Motor Co.
• Honda Motor Co., Ltd.
• Hyundai Motor Co.
• Kia Motors Corp.
• Nissan Motor Co.
• Tesla, Inc.
• Toyota Motor Corp.
• Volkswagen AG

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Canada Electric Vehicle Market Report 2019: By Key Players, Share, and Forecast 2019-2025 here

News-ID: 2246176 • Views: 204

More Releases from Orion Market Research

Global Mass Flow Controller Market 2019 Growth, COVID Impact, Trends Analysis Re …
The global mass flow controller market is growing at a significant CAGR during the forecast period. A mass flow controller is used for automatic controlling of the gas flow rate which is sent in the form of electric signals. Additionally, these controllers are not affected by changing gas pressures and use conditions. There are primarily two types of flow rates such as mass flow and volumetric flow. Mass flow controllers
Global Electronic Logging Device (ELD) Market 2019 Analysis May Set New Growth S …
Global electronic logging device (ELD) market is projected to witness a growth by exhibiting a significant CAGR of around 5%, during the forecast period. ELD is an electronic solution that records the driving time and hours of service of commercial motor carriers and professional truck drivers. Vehicle identification, motor carrier identification, time, date, geographical location, miles traveled, yards move, engine power up and shutdown, and engine diagnostic and malfunctioning are
Global Vascular Patches Market | Segmentation, Outlook, Industry Report to 2025
The growth of the global vascular patches market is growing owing to increasing geriatric population across the globe. People are living longer however they are not healthy as most of them are suffering from one or more diseases such as hypertension, diabetes and so on. Most of this population aging started in high-income countries such as Japan, France and so on. In Japan more than 30% of the population is
Global Membrane Air Dryer Market Trends, Size, Competitive Analysis and Forecast …
The membrane air dryer market is growing at a moderate CAGR during the forecast period. Membrane air dryer is a device primarily used to remove various contaminants from a compressed air system. It is a continuous system of filtration media and assists in lowering both the dew point and the relative humidity all at the same time. Additionally, the membrane dryer comprises a four-stage filtration system that continuously cleans the

All 5 Releases


More Releases for Canada

Electronic Logging Device Canada
There are some trucking companies that have what is known as an electronic logging device. This logger is actually a computer software program that keeps track of everything that goes on with the trucks. It can track the route, the fuel consumption and the maintenance on the vehicle. The trucking electronic logging devices in the truck can be hooked up to the company computer system and all of this can
Giftapart expands to Canada
Giftapart, the world’s first social ecommerce supermall, is now available in Canada. “We are thrilled to provide Giftapart’s innovative features to the Canadian people,” said Filipe Pedroso, founder and CEO of Giftapart, “Giftapart provides the world’s first and only place where anyone can make a gift registry and control the precise order that the gifts are funded. For the first time in the world, gift receivers can actually get what they
Employee Benefits in Canada 2018
The Canadian social security system covers various programs, many of which are run by the country's provinces and territories. In general, benefits are similar across all provinces and territories; however, Quebec implements its own pension plan. The government provides financial support to provincial and territorial governments through four main transfer programs-the Canada Health Transfer (CHT), the Canada Social Transfer (CST), and Equalization and Territorial Formula Financing (TFF)-to help them provide
CBF Management, Canada
'''CBF Management''' is the doing-business-as name of CBF Management/CBF and currently a non-franchisor selling and supporting post construction cleaning services, janitorial, commercial, residential, and floor care services through the [[Canada]], and 2 other countries using the “CBF Management” trademarks and systems to commercial services. Company History and Key Dates *2006 – CBF Management Company founded in Vancouver, British Columbia, as a floor care company by Harpreet Sandhu, a former track athlete. *2008 –
Jewellery Market in Canada
Summary This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Jewellery in Canada Market. Description Producers of fine jewellery brands continue to invest and expand across Canada, bringing more competition. In late 2016, David Yurman introduced its high jewellery collection at Holt Renfrew in Vancouver, featuring by-appointment-only pieces. It also aims to open more outlets in luxury
Medium & Heavy Trucks in Canada
ReportsWorldwide has announced the addition of a new report title Medium & Heavy Trucks in Canada to its growing collection of premium market research reports. Medium & Heavy Trucks in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the