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automakers-could-be-on-the-hook-for-billions-under-ev-mandate-if-sales-don’t-ramp-up
Automakers Could Be on the Hook for Billions Under EV Mandate If Sales Don’t Ramp Up

Automakers Could Be on the Hook for Billions Under EV Mandate If Sales Don’t Ramp Up

Last updated: September 19, 2025 6:47 pm
By The Canadian Press
1 Min Read
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Automakers Could Be on the Hook for Billions Under EV Mandate If Sales Don’t Ramp Up

An electric vehicle is charged at a Tesla charging station in Ottawa on July 13, 2022. The Canadian Press/Sean Kilpatrick

Automakers are warning they could be on the hook for billions of dollars in credit purchases if Canada’s electric vehicle mandate is enforced as written, and sales don’t ramp up.

Speaking to a Parliamentary committee on Thursday, the head of the Canadian organization representing Ford, General Motors and Stellantis said automakers already have deals lined up with companies like Tesla to buy credits to close expected sales deficits, which could cost the industry more than $3 billion by 2030.

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