The low growth of EVs is significant. We work with utilities across the country to grapple with this and understand how quickly it's going to materialize. Fortunately, it's happening gradually. Not everybody will replace their vehicle overnight.
On top of that, as I mentioned, it's a fundamentally flexible load on the grid. Most people only drive about 50 kilometres a day. Their battery can hold about 400 to 500 kilometres of range. There's a lot of flexibility in terms of when car charging can happen, and it can be done in such a way that there's a lot of benefit to the grid.
Given that context and the overall opportunity here in terms of the EV supply chain, it's a really important piece of the puzzle to build out opportunities for vehicle grid integration. We can serve the dual purpose of supplying Canadians with clean, affordable transportation modes and reinforcing the grid with flexible storage assets that can help accommodate the varying supply and demand of electricity.
