"Canada wants to bring in imported Chinese EVs, up to 49,000 units for the first year, topping out at 70,000 cars by year five. It's not clear yet which Chinese brands will come to Canada. But the tariff rate favors cars around $35,000 Canadian, or $25,000 USD. Prime Minister Mark Carney has also suggested a joint venture program to attract investment from Chinese brands to Canada."
"Canada has been on a lot of people's minds lately, and not just because of President Donald Trump's designs on the sovereign nation as America's 51st state. While the United States shuts out Chinese cars, Canada has lowered its tariffs to attract cheap new electric importsa potentially transformational moment for the North American auto industry. Of course, there's a quota on these models, but it looks like there's a ray of possibility that soon Canadian drivers could witness the glory of BYD or Geely."
"But the provisions for Chinese cars to reach Canadian roads are still a little vague. No one knows which brands or which cars could make it there, but we do know that the Canadian government favors EV imports that would cost under $35,000 CAD (or about $25,000 USD). There are a lot of affordable choices from China's EV market that I think would be suitable for Canada."
Canada plans to allow imports of Chinese electric vehicles under a quota that permits up to 49,000 units in the first year and 70,000 by year five. The tariff structure favors EVs priced around $35,000 CAD (about $25,000 USD). Prime Minister Mark Carney has proposed a joint-venture program to attract Chinese auto investment and production in Canada. The United States currently blocks Chinese cars, while Canada has lowered tariffs to encourage affordable electric imports. Specific brands and models remain undecided, but candidates include BYD and Geely, and the Canadian market shows particular interest in smaller cars and hatchbacks.
Read at insideevs.com
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