How Honda's deal stacks up to other EV investments in Canada (2024)

FAQs

What is the 2030 EV action plan in Canada? ›

The 2030 EV Action Plan is an industry-led project of Electric Mobility Canada (EMC) and is intended to ensure Canada succeeds in the transition to electric mobility. Initially published in late 2021, the 2030 EV Action Plan was updated in August 2023 to adapt it to the evolving landscape.

The Federal Government has set a goal to make half of all new vehicles sold in the U.S. in 2030 zero-emissions vehicles, and to build a convenient and equitable network of 500,000 chargers to help make EVs accessible to all Americans for both local and long-distance trips.

The Standard requires all new light-duty vehicle sales in Canada to be electric or plug-in hybrid by 2035. There are also interim targets of at least 20 percent of all sales being EVs by 2026 and 60 percent by 2030.

The Electric Vehicle Availability Standard

The targets begin for the 2026 model year, with a requirement that at least 20 percent of new light-duty vehicles offered for sale in that year be ZEVs. The requirements increase annually to 60 percent by 2030 and 100 percent for 2035.

Regulations will require at least 20% of new vehicles sold in Canada to be zero-emission vehicles ( ZEVs ) by 2026, at least 60% by 2030, and 100% by 2035.

Inside and out, the Prologue looks and feels like a Honda — with a side order of Chevrolet Blazer EV, with which it shares many systems, including batteries, motors and platform. General Motors' engineering of those systems has won praise, but the automaker has struggled to build the vehicles using them.

The 2024 Honda Prologue model comes in 3 trim levels. Canadian pricing ranges from $59,990 to $69,900 MSRP. The entry-level, EX AWD model starts at $59,990 Canadian dollars for the Electric: 215-kW motor & 150.00-kWh & Lithium Ion battery. The price for the mid-range EX-L AWD trim is $64,990 MSRP.

The all-electric 2024 Honda Prologue will carry a starting price of $47,400, though it will be possible to push the price to around $60,000 fully equipped. It is set to arrive at dealerships in March.

A Political War: Electric cars have driven into the U.S. presidential election, inflaming partisan fights that have come to define much of American culture. One reason is that President Biden has made electric vehicles central to his strategy to combat climate change.

Do all cars have to be electric by 2030? ›

As part of the Advanced Clean Cars II regulations, all new passenger cars, trucks, and SUVs sold in California will be zero-emission vehicles by 2035. In October 2023, staff launched a new effort to consider amendments to the Advanced Clean Cars II regulations.

Yes. GEM is the leader in the LSV (Low-Speed Vehicle) market, and GEM vehicles are street-legal in nearly all U.S. states. An LSV is a vehicle class that follows federal safety standards, has a maximum speed of 25 mph (40 km/h), and can legally be driven on most U.S. roads posted 35 mph (50 km/h) or less.

Gas-powered vehicles will run out of road in Canada by 2035 | Canada's National Observer: Climate News.

(The mandate allows 20% of what the state calls “zero-emission” vehicles to be plug-in hybrids, which can either run on electric batteries or on fossil fuels.) But owners of vehicles with internal combustion engines will still be permitted to operate or resell them after 2035.

On many Canadian streets the existing electrical infrastructure simply can't handle a large increase in demand. SecondStreet.org obtained a report from SaskPower, Saskatchewan's power utility, that found a cluster of 22 homes could only handle 11 electric cars before outages would occur.

It outlines the federal government's plan for how it will reduce emissions by 40 to 45 per cent by 2030 on the path to net zero emissions by 2050. The Emissions Reduction Plan is a requirement under the Canadian Net-Zero Emissions Accountability Act, which establishes regular milestones for tracking Canada's progress.

President Biden said Wednesday that EPA's regulations ensure the nation meets his goal that 50% of all new car sales are electric by 2030. "Three years ago, I set an ambitious target: that half of all new cars and trucks sold in 2030 would be zero-emission," President Biden said in a statement.

The number of EVs on U.S. roads is projected to reach 26.4 million in 2030, up from the projected 18.7 million in the 2018 report. The projected 26.4 million EVs will make up nearly 10 percent of the 259 million light-duty vehicles (cars and light trucks) expected to be on U.S. roads in 2030.

The end of the road is coming for gas-powered vehicles in Canada. New regulations being published this week by Environment Minister Steven Guilbeault will effectively end sales of new passenger vehicles powered only by gasoline or diesel in 2035.