EVs could bring GTHA $2.4B in “social benefits”

Switching to an electric vehicle (EV) could allow Canadians to reap approximately $10,000 in “social benefits”, according to a study conducted by the Ontario Public Health Association. The study focuses on the Greater Toronto and Hamilton Area (GTHA). “‘Social benefits’ do not reflect any actual money saved, but rather approximate the amount of money someone would pay to reduce their risk of death,” said Driving.ca. Switching to electric vehicles in the GTHA would result in $2.4 billion in social benefits. (Source: Driving.ca) Read the original article…

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

Related Articles
Share via
Copy link