Electric Contracts For Electric Vehicles: The Key Considerations

Approximately 24 percent of Canada's greenhouse gas emissions come from the transportation sector. Legislation and regulations are being used to address these emissions by bringing in mandatory requirements.

In addition to legislative and regulatory requirements, battery electric and other zero emission vehicles (ZEVs) are increasingly becoming a part of climate change strategy through initiatives offered to public and private sector entities to convert their carbon fuel fleets to ZEV fleets. Some of these initiatives include:

• Canada Infrastructure Bank's Zero-Emission Buses Initiative, which provides direct loans to transit and school bus providers to cover the higher upfront capital costs of zero emission buses;