Canada's Automotive Industry Grows Toward $400 Billion on...

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2026-10-22 12:32:37 -

Canada's Automotive Industry Grows Toward $400 Billion on Electrification

Market analysis indicates that the Canada automotive industry market is on a steady growth trajectory, projected to expand from USD 203.78 billion in 2024 to USD 400 billion by 2035 at a compound annual growth rate of 6.32 per cent. This growth reflects a market undergoing transformative change, driven by the rise of electric vehicles, the integration of advanced technologies, and a strong...

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