AADA hears about ‘Soviet-style mandates’

AutoExec Summary
At the AADA Convention and Expo, experts cast doubt on the prediction that electric vehicles (EVs) will capture 50% of the market by 2030, suggesting a more realistic 20% share. Canadian Automotive Dealer Association president Tim Reuss noted that despite strong government mandates, EVs make up only 10% of Canadian sales, with varied regional adoption. Cox Automotive Australia’s Stephen Lester and MTA WA’s Stephen Moir agreed, citing Australia’s slower EV uptake and the ongoing role of hybrid and alternative powertrains. Toyota Australia’s Jack Hobbs predicted a 25% EV market share by 2030, emphasizing a multi-tech approach to decarbonization.

Brands mentioned: Cox Automotive Australia, Toyota, Nissan, BMW, Infiniti