Economic Opportunities Assessment Report

Last updated on August 2, 2022

The Ministry of Energy, Mines and Petroleum Resources commissioned a report in 2016 that helped set the economic development context within the zero-emission vehicle (ZEV) sector in B.C, to help guide government policy and actions to support economic development.

The report identifies B.C.’s competitive advantages related to economic opportunities in the ZEV sector, including:

  • An internationally recognized advanced automotive sector;
  • Highly qualified personnel and strong depth in local talent;
  • Progressive environmental policy;
  • A high adoption rate of ZEVs;
  • A clean and abundant source of electricity; and
  • B.C. is geographically well positioned to West Coast states and Asian markets.

The ZEV sector includes companies across all aspects of the ZEV supply chain – from raw materials to final consumer products – related to vehicles and vehicle components, batteries and fuel cells, charging stations, and other technologies.

As of 2019, the sector includes:

  • Approximately 274 companies and organizations involved in all aspects of the supply chain;
  • Over 6,000 full-time equivalent (FTE) jobs in total direct employment associated with ZEV-related activities;
  • Over $1.0 billion in total economic output; and
  • Over $600.0 million in direct contribution to provincial GDP.

Read the 2016 Clean Energy Vehicle Economic Opportunities Assessment.