China, Canada and EVs
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Up to 49,000 EVs a year from China will be allowed into Canada, initially, which Carney says is less than three per cent of the overall car market. That will increase to approximately 70,000 over five years.
By slashing most tariffs on Chinese-built cars, a new influx of affordable vehicles could populate the region.
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Canada moves to block Trump’s auto tariffs from gutting its car industry
Canada’s Prime Minister Mark Carney is pulling the trigger on a new auto strategy that goes straight at Donald Trump’s push to drag car factories back to the U.S. The plan gives companies that build vehicles in Canada better access to the local market,