Business
Facts vs. Fiction: What you need to know about EVs in Canada – Global News
From dinner table discussions to radio call-in shows, electric vehicles are a hot topic of conversation in Canada.
Will Canada be able to meet the 2035 mandate imposed by the Liberal government of Prime Minister Justin Trudeau for all new car sales to be electric? Will all those Teslas, Chevy Bolts, and Hyundai Ioniqs overwhelm and break the grid, as many fear? And what then of the batteries? Is disposing of them after their useful life is over going to create a landfill nightmare scenario?
We look at some of the top questions Canadians have about EVs, and provide some responses.
This is a big watercooler conversation in Canada. The concern is that all those EVs coming online in the next decade or so will be too much for provincial power grids to bear. Though not directly related to the preponderance of EVs, grid instability is, after all, what happened this past winter in Alberta during a cold snap, when residents received alerts warning them to reduce electricity consumption or face rolling outages.
Experts say it’s important to understand that it’s not as though all the cars on the road are going to become electric tomorrow. It’s a process that’s going to take place over 10, 20, even 30 years as internal combustion vehicles reach their natural end cycle and get taken off the road. This amounts to an extra burden on the grid of one or two percentage points of additional usage per year, according to University of Toronto engineering professor Daniel Posen. Another way to look at it, he says, is that’s about a 15 to 40 per cent increase from now until 2050 — all within the realm of manageability.
“This is not like it’s going to creep up on us by surprise,” Posen says.
But it also doesn’t mean that provinces and municipalities don’t have to plan for more power use, as drivers wean off the gas station and start charging their vehicles, he adds. “We have to plan.”
More power generating capacity as well as more transmission and distribution lines will become the norm, and over time, it will happen.
“It’s a challenge we can overcome. This is not the first time that we’ve had a change in our energy demand profiles.”
Range anxiety is still a thing
There are about 25,000 charging stations installed all over the country, in cities big and small, and everything in between. You can see a map of them on Natural Resources Canada’s site, as well as on the Plugshare app.
Increasingly, small businesses are helping fill the gaps in the public charging network.
Kendra Imrie owns a guest ranch in Falcon Beach, Manitoba, about 140 kilometres east of Winnipeg, along the Trans Canada Highway. Her property is located in Whiteshell Provincial Park, which does not have any public charging stations in it.
So, two years ago, when a representative from Tesla cold called her one day and asked if she’d be open to installing an EV charging station at the ranch, she immediately accepted.
“It’s an extra perk for our customers, our guests,” she says, adding that the stations are available to drivers who are passing by on the nearby highway.
Though having a charging station can be a boon to business, whether you’re a motel, a brewery or a guest ranch, most EV charging happens at home, and home-charging is the backbone of the EV industry.
Not everyone lives in a single family home, of course, and that’s where municipal policies to encourage, or mandate, condo-garage parking come in.
British Columbia, says Maxime Charron, the CEO of charging startup LeadingAhead Energy, was a leader in this respect. It introduced a law last year, Bill 22, to make it easier for strata corporations to put in EV charging in condo parking lots. That’s a game-changer because it’ll make it much less daunting for apartment dwellers to make the leap to purchasing an EV.
Where’s that power going to come from, and will it create pollution?
Emissions from electricity production would be a bigger problem if Canadian provinces depended entirely or mostly on fossil fuels — coal and fossil gas — to produce electricity. In Canada, however, the majority, though not all, of electricity is produced from renewable sources: 60 per cent comes from hydroelectric sources. Nuclear is not an insignificant portion of electricity production.
In provinces like Quebec, Manitoba and British Columbia, hydro power dominates.
Even Alberta, home to most of Canada’s oil sands production, a major source of pollution in the country, is very close to kicking coal to the curb. Ontario, for its part, is investing in nuclear energy, and has also eliminated its dependence on coal.
Still, converting every vehicle on the road to an EV will not meet Canada’s carbon-reduction mitigation goals. Why?
Oil and gas production, agriculture, buildings, airplanes, even electricity, these are all sources of carbon pollution that need to be “decarbonized” over time. But there’s no denying that decarbonizing automobile transportation is a big step in the right direction in terms of reducing emissions. It is the second biggest source of planet-heating greenhouse gas emissions in Canada.
How will we hit the 2035 mandate for an all-electric fleet?
Much has been made of the ambitious nature of the 2035 mandate for all new vehicles in Canada to be electric.
“First of all, I don’t think we’re going to get the infrastructure in place to charge these vehicles,” which, he says, continue to be too prohibitively expensive for the average customer.
One thing that everyone agrees on is that it isn’t going to happen overnight, and won’t happen without major effort on the policy and regulation front.
“There are real challenges to electrification including affordability and charging infrastructure,” argues Brian Kingston, the president and chief executive of the Canadian Vehicle Manufacturers’ Association.
But EV watchers say that while the 2035 target is ambitious, it is not impossible. Quebec and B.C. are proven case studies for that.
In the third quarter of 2023, according to Statistics Canada, 33 per cent of new car registrations in British Columbia were either battery-electric, hybrid-electric or plug-in hybrid vehicles. In Quebec, 27 per cent of new car sales last quarter were electric.
“So, to say that we won’t be able to reach those targets doesn’t take into consideration the simple fact that car manufacturers — most of them — will always comply but will always complain,” says Daniel Breton, the president and CEO of Electric Mobility Canada, an EV advocacy group.
Norway is the poster child for how to get more EVs on the road. Over 80 per cent of new-car sales there are electric.
How did Norway do it? The Scandinavian nation not only incentivized customers to purchase EVs, it also took the bold step of disincentivizing the purchase of gas-powered cars. Nobody likes to pay more taxes, but Norway made it clear — if the car you drive pollutes the air, you need to pay for that.
The battery replacement cost versus the price of a new EV
There were at least two high-profile examples over the last year of EV drivers whose battery replacement costs were more than the cost of the actual vehicle — one horror story in B.C., the other in Ontario.
In terms of battery repair and replacement, the challenge, says Mubasher Faruki, the associate dean for the automotive division at the British Columbia Institute of Technology, comes down to training and experience. Many dealers and auto shops, he says, still need to up their game when it comes to repairing battery vehicles.
When a vehicle comes in with a defective battery, he wonders how familiar technicians are with that battery. Do they know how to open the battery, look at its components, and see whether they can be repaired? In other words, if you take your EV to the shop with a defective battery, are the technicians opening up the compartment to look at the battery before deciding it’s a writeoff?
These, Faruki says, are unanswered questions that over time, and with more training (and more EVs on the road) will become easier to answer — and less expensive.
That education, he says, is happening with more vigour. “One of the things that we’re doing in our course is we’re teaching technicians to take a deeper dive into these things,” he says.
He says all over the world, battery engineers and technicians are working on ways to improve range, “repairability” and the recycling capacity of batteries. It’s not inconceivable, he says, to have a battery that can go 1,000 kilometres on a single charge, and get recharged in 30 minutes.
Meanwhile, next-generation batteries are increasingly using materials that do not require cobalt, and the child-labour associated with cobalt extraction that has widely been reported on.
EVs are not the only solution
EVs are not the only solution to the world’s environmental and climate challenges.
They are still cars, and, as such, they take energy to manufacture and operate. Even though research shows that EVs outperform gas cars in terms of reducing planet-warming within a few short years of hitting the road (especially in places where electricity is not cleanly produced), the EV experience is still an energy-intensive one.
The key to reducing emissions, and creating a more livable environment, experts say, isn’t just to put more EVs on the road. Rather, better urban planning to develop medium-to-high density, walkable, transit-oriented communities will be critical.
Still, says Joanna Kyriazis of Clean Energy Canada, “many Canadians are still very reliant on their cars, especially as housing prices are skyrocketing and people are needing to move further and further away from where they work.”
This means, more communities will have to introduce “right-to-charge” policies whereby upgrading facilities in condo buildings will become a right and not a privilege.
But, “there’s no question,” says U of T engineer Daniel Posen, “that driving less, switching from a gas car to either active transit and biking, walking or to public transit — those things are going to have a bigger impact than switching to an electric vehicle.”
Business
Netflix’s subscriber growth slows as gains from password-sharing crackdown subside
Netflix on Thursday reported that its subscriber growth slowed dramatically during the summer, a sign the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering off.
The 5.1 million subscribers that Netflix added during the July-September period represented a 42% decline from the total gained during the same time last year. Even so, the company’s revenue and profit rose at a faster pace than analysts had projected, according to FactSet Research.
Netflix ended September with 282.7 million worldwide subscribers — far more than any other streaming service.
The Los Gatos, California, company earned $2.36 billion, or $5.40 per share, a 41% increase from the same time last year. Revenue climbed 15% from a year ago to $9.82 billion. Netflix management predicted the company’s revenue will rise at the same 15% year-over-year pace during the October-December period, slightly than better than analysts have been expecting.
The strong financial performance in the past quarter coupled with the upbeat forecast eclipsed any worries about slowing subscriber growth. Netflix’s stock price surged nearly 4% in extended trading after the numbers came out, building upon a more than 40% increase in the company’s shares so far this year.
The past quarter’s subscriber gains were the lowest posted in any three-month period since the beginning of last year. That drop-off indicates Netflix is shifting to a new phase after reaping the benefits from a ban on the once-rampant practice of sharing account passwords that enabled an estimated 100 million people watch its popular service without paying for it.
The crackdown, triggered by a rare loss of subscribers coming out of the pandemic in 2022, helped Netflix add 57 million subscribers from June 2022 through this June — an average of more than 7 million per quarter, while many of its industry rivals have been struggling as households curbed their discretionary spending.
Netflix’s gains also were propelled by a low-priced version of its service that included commercials for the first time in its history. The company still is only getting a small fraction of its revenue from the 2-year-old advertising push, but Netflix is intensifying its focus on that segment of its business to help boost its profits.
In a letter to shareholder, Netflix reiterated previous cautionary notes about its expansion into advertising, though the low-priced option including commercials has become its fastest growing segment.
“We have much more work to do improving our offering for advertisers, which will be a priority over the next few years,” Netflix management wrote in the letter.
As part of its evolution, Netflix has been increasingly supplementing its lineup of scripted TV series and movies with live programming, such as a Labor Day spectacle featuring renowned glutton Joey Chestnut setting a world record for gorging on hot dogs in a showdown with his longtime nemesis Takeru Kobayashi.
Netflix will be trying to attract more viewer during the current quarter with a Nov. 15 fight pitting former heavyweight champion Mike Tyson against Jake Paul, a YouTube sensation turned boxer, and two National Football League games on Christmas Day.
The Canadian Press. All rights reserved.
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