Sky-high gas prices are pushing electric vehicles further into the spotlight as of late, as more drivers think seriously about going electric.
Sky-high gas prices are pushing electric vehicles further into the spotlight as of late, as more drivers think seriously about going electric."Gas prices are a big reason why I'm considering switching my relatively new sport utility vehicle for an electric one," he said in an interview.The average gas price across Canada was $1.70 per litre Friday, according to the Canadian Automobile Association , up 38 per cent from a year ago.
"Owning an EV means you never have to drive by the sign outside the gas station and worry about what price you might see," she said in an interview. Kyriazis says that prices are likely to come down, however. The price of batteries used to power EVs are already dropping due to factors including growing manufacturing capacity, higher demand for batteries from leading manufacturers and new battery cell and pack designs, according to a November 2021 report from strategic research provider BloombergNEF.
There are some additional incentives: there's a federal rebate of up to $5,000 and a growing number of provinces and territories offer rebates as well. He also likes to go on a lot of road trips, so the lack of charging stations in remote areas is something he is thinking about.
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