The federal government set annual zero-emissions vehicle sales targets Tuesday that automakers will have to hit between 2026 and 2035. After 2035, they’ll be fined for selling new gas-powered light-duty vehicles, other than emergency vehicles. If carmakers fall short of the target in a year before 2035, they can offset their gas-car sales by trading, earning, or banking government-awarded credits, which they accrue by selling additional zero-emission vehicles above the yearly target, or by building fast-charging infrastructure. (The Logic)
Talking point: Some clean-energy organizations welcomed the news, but it garnered mixed responses from industry. Louis Tremblay, CEO of Quebec charging company Flo, applauded the plan, saying it will improve consumer access to EVs. Hyundai Canada CEO Don Romano said the plan is a step in the right direction, but the government needs to invest more directly in chargers and continue financial support for consumers. The credit system announced Tuesday will allow the sale of plug-in hybrid vehicles, for Canadians who don’t feel ready for an EV.