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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 dealeru2019s terms and conditions.
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Orion Market Research Canada Electric Vehicle Market Trends, Research Report, Growth, Opportunities, Forecast 2019-2025 Request https://www.omrglobal.com/request-sample/canada-electric-vehicle-market a sample of our report on Canada Electric Vehicle Market: ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
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
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