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  • Firefighters have concerns of their own when it comes to electric cars. They, along with other first responders, require specialized training to deal with MVAs involving EVs due to the dangers found in electric cars. High-voltage cables run through EVs, which also have a high-powered battery. If either the cables or the battery is pierced, it could damage tools and cause serious injury or death. - Source: Internet
  • The basic insurance requirements for EVs are the same as for any other car. These include the mandated third-party liability insurance, accident benefits insurance, uninsured auto insurance, and direct compensation for property damage. Customers may choose add-ons such as collision insurance and comprehensive insurance that protects parked cars from events such as flooding and fire. - Source: Internet
  • Issues around cost, range and charging are key factors behind EV uptake. In addition to having concerns about charging and performance factors, some Canadians worry about the cost of insuring electric cars. In a recent study, My Choice, found that searches for Electric vehicle increased 240% year over year, and 89% in the last 3 months! Comparatively, searches for Tesla car insurance increased 50% year over year. - Source: Internet
  • As with gas cars, the premiums depend on the model of the car, rather than the vehicle’s fuel source. The cost of replacing a vehicle is largely what determines the insurance cost. As electric car batteries cost more to replace in the event of a collision, and because those vehicles may require more specialized repair services, customers with electric cars may pay slightly higher premiums. - Source: Internet
  • If three or four older Canadian homes on the same block all made the same upgrade, the local transformer would blow. That entire infrastructure would need to be upgraded to support those homes’ upgrades to 200 amps. The reality is that the increasing number of EV owners charging their cars at home will add unprecedented stress to a largely unprepared power grid. 80% of Canadian EV owners charge their cars at home. - Source: Internet
  • Q2 should also see Lucid’s deliveries begin. The luxury electric start-up opened a second Canadian Lucid studio in Ontario’s Yorkdale shopping mall in fall 2021. The location already has a Tesla store, and it should also see the opening of a VinFast store in time for the Vietnamese company’s EVs to arrive later this year. - Source: Internet
  • To further complicate matters, more than 80% of the global supply of electric cars is shipped to Chinese and European Union consumers. This means that Canadians who want to purchase new zero-emission cars need to pay a deposit and be placed on a waiting list. Depending on the dealership and manufacturer, the wait time can be up to three years. - Source: Internet
  • AutoTrader.ca reported that electric car searches increased by 89% in March 2022, compared to the same month in 2021. The number of inquiries sent to EV sellers through the platform surged by 567%. - Source: Internet
  • Given that the technology used in electric cars is still relatively new, consumers can expect the odd fault – which could have serious consequences. In 2019, a Hyundai Kona EV exploded in a Montreal resident’s garage, leaving a massive hole in the structure’s roof. It took 30 firefighters to extinguish the resulting fire. - Source: Internet
  • In 2021, Toronto and Toronto Hybrid installed 17 curbside Level 2 chargers for residents who cannot charge their electric cars at home. At the time of Maclean’s report, the city had only 864 chargers. However, its EV strategy hopes to install 10,000 chargers by 2030, which would represent an increase of more than 1,000%. - Source: Internet
  • Strain on Canada’s electrical grid and a lack of charging spots are other EV-related concerns. According to Maclean’s, Level 2 chargers have 240 volts/30 amps electric needs, similar to stoves or dryers. However, most older Canadian homes are wired for 100 amps. If other appliances, such as air conditioners and pool pumps, are running, using a Level 2 charger could overload the electrical panel. Those houses would need to upgrade to 200 amps at an expense of several thousand dollars. - Source: Internet
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