A post last week by a U-C Berkeley Business School professor got me fretting over the staggering rise in China’s fossil fuel use over the past two decades and wondering what it will take to not just rein it in but reverse it. Just since 2000, Prof. Lucas Davis wrote in Putting China’s Coal Consumption […]
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In Canada, trends in zero-emission vehicles (ZEV = BEV and
PHEV) picked up dramatically for all light vehicle registrations as
of quarter 3 2022.
ZEVs account for one out of every 12 new vehicles registered in
Canada. ZEVs market share increased to 8.4% for 2022, up from 5.3%
in the previous period.
The market share of battery electric vehicles (BEV) increased
to 6.5%, with volume increasing by 56.0% year over year. Year over
year, total ZEV volume increased by 38.8%.
National Enhanced Fuel Type Trend
When compared to Q3 2021 year to date, new vehicle registrations
have fallen by 12.5% overall and the combined volume of xEV light
vehicles (EV/PHEV/HEV/ FCEV) increased by 14.7% as of Q3 2022. xEVs
now account for 15.2% of all new registrations; while traditional
ICE vehicles account for 84.8%.
Further comparisons of Q3 2022 against the previous year show
BEVs and PHEVs saw volume gains (25,368 and 287), while HEV and
FCEV each saw volume declines.
Inventory constraints continue to play a role on new vehicle
registrations. Despite the constraints, BEV adoption rates continue
to increase and have doubled from Q3 2021 (3.7%).
E-commerce will continue to grow significantly through 2020 and beyond. As evidenced by the most recent peak shipping season, the need for effective, high-quality...