A strong credit system would result in ZEV prices declining by 20 per cent for the average Canadian consumer, and lead to automakers doubling investment in research and development to lower production costs.7 Lack of charging Currently, public EV chargers are often under-utilized, and need a greater infrastructure amount of charging demand to justify a business case for investment by public utilit. [...] If the Government of Canada adopted the CVMA’s recommended policy alternative, the auto industry would be able to capture up to $10 billion of the overall $54 billion fiscal cost, a portion of which would actually go towards subsidizing the price of gasoline cars. [...] Backgrounder: Expectations for Canada’s Plan to Phase Out the Sale of New Gasoline Cars by 2035 WHAT DOES AN EFFECTIVE CREDIT SYSTEM LOOK LIKE? Credits Should Have Expiry Dates and Not be Oversupplied An effective credit system cannot provide excess credits as this will oversupply the market and undermine the stringency of the regulation. [...] Backgrounder: Expectations for Canada’s Plan to Phase Out the Sale of New Gasoline Cars by 2035 If it applies to the whole fleet, emissions standards would also have to be ramped up in order to prevent a weakening of emissions standards for non-ZEVs as ZEV market share increases and lowers the corporate fleet average. [...] In order to prevent ‘backsliding’ in terms of the stringency of vehicle emissions standards for gasoline vehicles sold up to 2035, battery-electric vehicles would have to be removed from the scope of vehicle emissions standards regulation, in effect creating a regulatory distinction between vehicles with tailpipes and vehicles without tailpipes.
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