Environment committee  I would disagree with the analysis that was provided to Transport Canada on supply. When you look at supply of EVs across Canada, it's quite consistent with that of other vehicles that sell in those volumes. If you look at sales since 2015, they've been increasing on average by around 75% to 80%.

Environment committee  Exactly.

Environment committee  Yes, scrappage programs are critically important. The reason is that only 6% to 7% of vehicles on the road in a year are new. In fact, 35% are 12 years or older with higher GHG emissions. While it's great to focus on ZEV adoptions through things like incentives, ZEVs right now are only 3.2% of new vehicle purchases, amounting to 0.2% of the total fleet.

Environment committee  Unfortunately, we don't have that data either.

Environment committee  The key really is achieving price parity with ICE vehicles. You could increase the supply of high-end vehicles across Canada that sell at a $50,000 to $70,000 price point. Supply doesn't create demand. It's the other way around. The price point needs to come down due to technology and incentives.

Environment committee  You have framed this exactly correctly. We are in a transition period because the cost of technology is so high. The government's role right now is to help accelerate that transition period by offering incentives to bring that price point down. We will reach a point where a ZEV is directly comparable to an ICE vehicle.

Environment committee  I would argue that there isn't resistance from industry. I outlined some of the investments that are being made by Ford, General Motors and FCA. We're talking about tens of billions of dollars into electrification programs—investments like we have never seen before. They are fully committed and fully on board.

Environment committee  No, I would challenge that because—

Environment committee  Sure. We have two good examples of assembly investments being made in Canada just recently with respect to the Oakville retooling—

Environment committee  No. Those investments that I now mentioned are globally.

Environment committee  I'm not aware of the Chinese—

Environment committee  The Chinese government has put in place all sorts of programs and policies to ensure that consumers purchase vehicles, including incentives, but not—

Environment committee  I would also note that China is the largest vehicle market in the world, so it doesn't really compare with—

Environment committee  I'm actually not aware of how they manage on that particular basis—

Environment committee  They go to China like any other market that a business operates in where they think they can sell a vehicle. You sell the vehicle where the price point matches the demand and the median income—