According to data from the Society of Motor Manufacturers and Traders (SMMT), more than 300,000 battery electric and plug-in hybrid vehicles were collectively registered throughout the year – almost four times the number of diesel cars sold. This growth will only increase, with a CAGR of 13.89% projected between now and 2027, leading to sales of more than 637,000 new EVs per annum.
As a result, alongside the burgeoning growth of the used EV marketplace, demand for charging solutions continues to increase at pace. According to the International Energy Agency (IEA), this will continue to see both public and private infrastructure grow rapidly – with significant investment expected in support.
Zero-Emission Vehicle Infrastructure Program (ZEVI) is set to help the federal government’s goal for zero-emission vehicles (ZEV) to capture 10% of all light-duty vehicle (LDV) sales per year by 2025, 30% by 2030, and 100% by 2040. To lessen driver concerns about finding stations to charge their vehicles, ZEVI funding will go towards increasing the network of zero-emission vehicle charging (level 2 and higher) and refueling stations.
The Zero-Emission Vehicle Infrastructure Program will provide successful applicants with up to 50% of total project costs up to a maximum of $5,000,000 per project.
In order to be eligible to receive funding for electric vehicle charging stations, applicants should be:
Individuals and legal entities incorporated or registered in Canada including not-for-profit and for-profit organizations:
International legal entities incorporated or registered abroad including for-profit and not-for-profit organizations:
Residential
(Level 1, Level 2)
Commercial
(Level 2)
Public areas
(Level 2, Level 3)