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To encourage the purchase of Zero-Emission Vehicle (ZEV) in Canada the government of Canada offers its citizens access to a variety of incentive programs. 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 condition. For instance, for BMW of the model year 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 period respectively. The cohesive government programs and initiatives to augment the adoption of EVs to fuel the growth of the EV market in Canada.
A full report of Canada Electric Vehicle Market available @ https://www.omrglobal.com/industry-reports/canada-electric-vehicle-market
• Market Coverage
• Market number available for – 2019-2025
• Base year- 2019
• Forecast period- 2020-2025
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Canada Electric Vehicle Market by Vehicle Type
o Commercial Vehicles
o Passenger Cars
o Two-Wheelers
Canada Electric Vehicle Market by Propulsion Technology
o Battery Electric Vehicles
o Plug-in Hybrid Electric Vehicle
Canada Electric Vehicle Market by Battery Type
o NiMH
o Li-Ion
o Others
Company Profiles
o Audi AG
o BMW AG
o Fiat Chrysler Automobiles N.V
o Ford Motor Co.
o Honda Motor Co., Ltd.
o Hyundai Motor Co.
o Kia Motors Corp.
o Nissan Motor Co.
o Tesla, Inc.
o Toyota Motor Corp.
o Volkswagen AG
The Report Covers
• Comprehensive research methodology of Canada Electric Vehicle market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting Canada Electric Vehicle market.
• Insights about market determinants which are stimulating the Canada Electric Vehicle market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
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