| Product Code: ETC6655524 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Canada electric car market witnessed a significant increase in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of 21.57%. However, there was a slight decrease in the year-on-year growth rate in 2023-2024, which stood at -31.51%. Despite the decline in the growth rate in the last year, the overall trend indicated a notable rise in imports during the period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Electric Car Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Electric Car Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Electric Car Market - Industry Life Cycle |
3.4 Canada Electric Car Market - Porter's Five Forces |
3.5 Canada Electric Car Market Revenues & Volume Share, By Configuration, 2022 & 2032F |
3.6 Canada Electric Car Market Revenues & Volume Share, By Fuel Category, 2022 & 2032F |
4 Canada Electric Car Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for electric vehicles |
4.2.2 Growing environmental awareness and concerns about climate change |
4.2.3 Technological advancements in electric vehicle batteries and charging infrastructure |
4.3 Market Restraints |
4.3.1 High upfront cost of electric vehicles compared to traditional gasoline cars |
4.3.2 Limited driving range of electric vehicles compared to internal combustion engine vehicles |
4.3.3 Lack of widespread charging infrastructure in some regions |
5 Canada Electric Car Market Trends |
6 Canada Electric Car Market, By Types |
6.1 Canada Electric Car Market, By Configuration |
6.1.1 Overview and Analysis |
6.1.2 Canada Electric Car Market Revenues & Volume, By Configuration, 2022-2032F |
6.1.3 Canada Electric Car Market Revenues & Volume, By Vehicle Congfiguration, 2022-2032F |
6.1.4 Canada Electric Car Market Revenues & Volume, By Hatchback, 2022-2032F |
6.1.5 Canada Electric Car Market Revenues & Volume, By Multi-purpose Vehicle, 2022-2032F |
6.1.6 Canada Electric Car Market Revenues & Volume, By Sedan, 2022-2032F |
6.1.7 Canada Electric Car Market Revenues & Volume, By Sports Utility Vehicle, 2022-2032F |
6.2 Canada Electric Car Market, By Fuel Category |
6.2.1 Overview and Analysis |
6.2.2 Canada Electric Car Market Revenues & Volume, By BEV, 2022-2032F |
6.2.3 Canada Electric Car Market Revenues & Volume, By FCEV, 2022-2032F |
6.2.4 Canada Electric Car Market Revenues & Volume, By HEV, 2022-2032F |
6.2.5 Canada Electric Car Market Revenues & Volume, By PHEV, 2022-2032F |
7 Canada Electric Car Market Import-Export Trade Statistics |
7.1 Canada Electric Car Market Export to Major Countries |
7.2 Canada Electric Car Market Imports from Major Countries |
8 Canada Electric Car Market Key Performance Indicators |
8.1 Average charging time for electric vehicles |
8.2 Number of public charging stations per capita |
8.3 Percentage of renewable energy sources used in charging electric vehicles |
9 Canada Electric Car Market - Opportunity Assessment |
9.1 Canada Electric Car Market Opportunity Assessment, By Configuration, 2022 & 2032F |
9.2 Canada Electric Car Market Opportunity Assessment, By Fuel Category, 2022 & 2032F |
10 Canada Electric Car Market - Competitive Landscape |
10.1 Canada Electric Car Market Revenue Share, By Companies, 2025 |
10.2 Canada Electric Car Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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