What do companies want from government policy? They want consistency and predictability. Whether policies are more supportive or less, consistency and predictability allow a company to plan things out. They allow a company to more easily forecast consumer demand as well as company expenditures.
We’ll see what happens, but this is essentially the challenge of the coming year in the Quebec province of Canada. The “California of Canada” has had strong consumer subsidies for EVs — up to $7,000 for a new BEV, up to $5,000 for a new PHEV, or up to $3,500 for a used BEV. Next year, those figures, a relatively sudden change recently announced. A new BEV will qualify for a $4,000 subsidy, while a new PHEV will qualify for $2,000. In 2026, those figures change to $2,000 and $1,000.
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