Government of Canada continues investments in electric vehicle infrastructure and education

CPP Investments and Elia Group, via WindGrid, announce the acquisition of the Tarchon subsea interconnector project between Germany and the UK from Copenhagen Infrastructure Partners, with CPP Investments providing a C$1 billion majority stake and Elia Group taking a 25% look-through minority stake through WindGrid. The project aims to create a 1.4 GW…

The article reports that after the federal EV affordability program (EVAP) launched on February 16, applications for the $5,000 EV rebate surged early, with nearly 25,000 requests by the end of April and about half from Quebec. However, it states that applications fell by about half in May and June, with roughly 10,000 submissions in those two months,…

The British Columbia government will invest $700 million to nearly quadruple BC Hydro’s EV charging network to 3,500 ports by 2035, while maintaining a high share of DC fast chargers and upgrading many sites with standardized designs and amenities. An additional $18 million will be provided through the CleanBC Go Electric Public Charger Program to…

The article notes a government announcement reducing tariffs on Chinese EVs to 6.1% from 100% and setting an annual quota of 49,000 vehicles, with these changes taking effect in March. It also states that, by 2030, regulations require 50% of those EVs to have a landed price of $35,000 or under.