Carney reaches ‘landmark’ tariff-quota deal with China on EVs, canola
www.ctvnews.ca
The Liberal government has reached a deal with Beijing to slash tariffs on a set number of Chinese electric vehicles in exchange for China dropping duties on agriculture products, Prime Minister Mark Carney said Friday.

Canada is dropping the EV tariffs and will be importing 50k Chinese EVs per year. Carney quoted as saying by 2030 an EV in Canada will cost $35k which is a sure shot more affordable than buying the latest $80000 Child Obliterator

  • Gucci_Minh [he/him]@hexbear.netEnglish
    10·
    1 day ago

    Once Canadians get that first hit of BYD goodness they will clamour for more. Only issue I can see is with so few being imported the dealers will do big markups and negate the value prop of Chinese EVs.