Analysis-Canada’s accelerated timetable for EVs brings spotlight on key bill

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Reuters

By Alexander Schummer TORONTO (Reuters) – Canada’s accelerated timeline to fully embrace electric vehicles (EVs) presents a threat to some auto suppliers and auto mechanics, with the latter pinning hopes on a key legislation to adapt to the changing needs of the industry. Last month, Justin Trudeau’s Liberal government set out a mandatory target for all new light-duty cars and passenger trucks to be zero-emission by 2035, from an earlier goal of 2040. Recent investments by General Motors Co and Ford Motor Co in their Canadian units to primarily boost EVs give the parts industry some hope in th…

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