Head Topics

Revised federal ZEV mandate costly to Hyundai Canada and new Santa Fe

  • 📰 AutoNewsCanada
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Canada Headlines News

pHyundai Canada dropped a plug-in from the new 2024 Santa Fe as the company focused on electric vehicles to meet the mandate, which kicks in with the 2026 model year. But after some revisions in the federal ZEV manate, it would actually qualify for a rebate.

The federal government’s decision to increase plug-in hybrid eligibility under the zero-emission-vehicles mandate has left some automakers short on time to get product in the pipeline that could help them meet the targets.

“For us to be able to meet consumer demands, a plug-in hybrid has a place in our lineup, so yes, we definitely would have reviewed and made different decisions,” Ricciuto said at the recent launch of the 2024 Hyundai Santa Fe in Sechelt, about 160 kilometres northwest of Vancouver. Ricciuto said the company’s decision to drop the PHEV for the 2024 model points to the need for better communication with the federal government on managing the ZEV journey to 2035, especially given the three-year timeframe for developing new vehicles.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 77. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The National Ballet of Canada’s winter program brings productions not seen before in CanadaWith UtopiVerse, William Yong becomes the first choreographer of Asian descent to create a mainstage work for the company
Source: globeandmail - 🏆 5. / 92 Read more »

Man claiming $34M in false donations gets 3 years behind barsThe Canada Revenue Agency implemented and oversees the Canada Emergency Wage Subsidy program.
Source: CBCToronto - 🏆 51. / 61 Read more »

Ottawa ranks the 5th worst city for bed bugs in Canada, Orkin Canada saysOttawa is one of Canada's 'bed buggiest' cities, according to a new report.
Source: ctvottawa - 🏆 29. / 67 Read more »

Here's a list of February inflation rates for selected Canadian citiesOTTAWA — Canada's annual inflation rate was 2.8 per cent in February, Statistics Canada says.
Source: SooToday - 🏆 8. / 85 Read more »

The other immigration problem: Too much talent is leaving CanadaA recent study by Statistics Canada highlights the significant phenomenon of emigration among immigrants in Canada
Source: globebusiness - 🏆 31. / 66 Read more »

Labour market gains 41K jobs in Canada, supports Bank of Canada holding rates for longerStatistics Canada said February's increase in the labour market was driven by a rise in full-time work.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »