The affordable EV you’ve been waiting for is already here
Canadians are waiting for cheap Chinese EVs, or at least some of them are. That’s what Clean Energy Canada found in a recent poll with Abacus Data: among likely EV buyers, about 42 per cent say they might wait for Chinese options to become available before making the switch.
It’s understandable: everyone wants a deal, and Chinese EVs are likely only a few months out from hitting Canadian dealership lots. But if your goal is simply to buy a great EV that’s competitive on price, start looking now — because the EV you’ve been waiting for is already here.
A year ago, Clean Energy Canada analysis found just one EV priced under $40,000 available on the Canadian market. Today, that number is up to 11 if you account for the federal EV rebate (currently $5,000) and five even without it. In fact, Canadians now have it better than Americans: only two out of those five cars are available in the US at a similar price point, if at all.
But, perhaps, the best deal around is the not-so-humble used EV, and what a deal it is. A new Clean Energy Canada report, Recharged and Ready, finds there are now a significant number of desirable used EVs priced........
