Industry to government: EV goals need more money

  • 📰 AutoNewsCanada
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Implicit in the auto industry’s persistent pleas to government to ramp up both electric-vehicle rebates and charging infrastructure is skepticism over whether Ottawa will be able to meet its EV sales targets.

Admittedly, federal and provincial governments have put a lot of money into both rebates and infrastructure.

The last federal budget pledged $500 million in investments for the Canada Infrastructure Bank, and $400 million in additional funding for the Zero-Emission Vehicle Infrastructure Program, both of which will support Ottawa’s goal of adding 50,000 EV chargers to Canada’s network.But automakers, which are pouring billions into the development of EVs, say more needs to be done, particularly at the federal level.

“If that’s going to happen, they’re going to have to be much more ambitious in terms of the amount of funds they’re going to put behind this and [the] speed of infrastructure build-out.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 77. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines