Canada’s EV boom can go bust if the ecosystem is not ready

Proliferation of EVs will greatly boost electricity consumption during peak periods. However, more charging stations alone is not a viable long-term solution to meet the increasing demand.

The increasing adoption of electric vehicles presents challenges that can only be overcome with massive investments and creative policy solutions, write HEC Montréal professors Jorge E. Mendoza and Yossiri Adulyasak.Photograph courtesy of Paul Krueger, distributed under a CC BY-NC 2.0 DEED license

Opinion

BY JORGE E. MENDOZA AND YOSSIRI ADULYASAK

February 26, 2024

At the conclusion of COP21, Canada and 195 other parties signed the Paris Agreement, an international treaty aiming to limit global warming to well below 2°C. To achieve this goal, countries committed to reaching the global peak of greenhouse gas emissions as soon as possib...

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