Canada's electric vehicle market is forecast to grow 6.9% annually to $740.2 million in 2026, after recording a 6.3% CAGR from 2021 to 2025. ResearchAndMarkets.com expects the market to expand at a 6.7% CAGR from 2026 to 2030, rising from $692.2 million in 2025 to approximately $960.9 million by 2030. The Databook Q2 2026 Update examines more than 100 KPIs covering market value, vehicle sales volume, EV penetration, transaction value, charging infrastructure and competitive market share. Canada's market is being shaped by vehicle affordability, charging accessibility, domestic manufacturing, trade-aligned sourcing and changing consumer preferences. The report assesses the shift toward a more selective policy framework, including the Electric Vehicle Affordability Program, federal support for more than 8,000 chargers, growing interest in hybrids and plug-in hybrids, and adjustments to EV and battery manufacturing investments. It also evaluates automakers, charging partnerships, vehicle and infrastructure segments, and opportunities through 2030 for manufacturers, fleet operators, energy companies, policymakers and investors.