This Week In Electric Vehicles - Boosting Condo EV Charging Access for Canada's Green Future

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editorial-team@simplywallst.com (Simply Wall St)

Wed, Mar 26, 2025, 5:07 AM 1 min read

A new report from Clean Energy Canada highlights a crucial opportunity to advance Electric Vehicle (EV) adoption by ensuring new condo developments in Canada include EV charging infrastructure. As Canada plans to build four million new homes over the next decade, the report emphasizes the importance of installing EV chargers in new constructions, as it is significantly more cost-effective than retrofitting existing buildings. Currently, only a few provinces, like Quebec, have EV readiness requirements. The report discusses the need for stronger, unified policies across all levels of government to simplify regulations and increase accessibility to EV chargers, particularly as younger Canadians, who are more inclined toward EVs, are predominantly apartment dwellers. Implementing these changes can make EV ownership more viable for all Canadians, maximizing the benefits of reduced fuel costs and supporting climate initiatives.

Elsewhere in the market, Wolong Electric GroupLtd was a notable mover up 9.3% and ending trading at CN¥30.81, not far from its 52-week high. At the same time, Pirelli & C lagged, down 2.5% to close at €5.75.

Pirelli's strategic push in the High Value segment aims for a revenue share boost to 78% by 2025. Discover Pirelli's growth narrative by clicking here.

To explore the ongoing shifts in the Electric Vehicle landscape, revisit our Market Insights article on the evolving challenges and strategic moves in the auto industry—don't miss out!

Best EV Stocks

Tesla finished trading at $288.14 up 3.5%.
Ford Motor finished trading at $10.29 up 0.4%.
NIO ended the day at $4.39 up 0.2%.

Summing It All Up

Access the full spectrum of 55 EV Stocks including AMETEK, Littelfuse and Ferrari by clicking on this link.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.