Canada cuts tariffs on Chinese EVs
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China’s rapid development of electric vehicles had competitors concerned even before Canada this week agreed to cut its tariffs on EVs in exchange for concessions on Canadian farm products.
Canadian Prime Minister Mark Carney announced Friday that his country will slash its 100% import tax on Chinese EVs to just 6.1%, paving the way for companies like Geely, BYD, Xiaomi, and others to establish a second foothold in the North American automotive market.
Mark Carney’s decision to open the way for imports of Chinese electric vehicles has rattled Canadian auto executives and raised concerns about how far the prime minister is willing to go in diverging from US strategy.
People seem to think the EV transition is going away. In reality, 2026 is going to be the most exciting year yet.
There's a whole bunch of great EVs you can buy with 0% financing this month – including the new "affordable" Tesla Model Y Standard!
While carmakers will be allowed to carry on releasing 10 per cent of their 2021 emissions and to continue selling some petrol engines and hybrids, the European Commission has mandated that the emissions be offset by using low-carbon steel and sustainable fuels.
The North American International Auto Show in Detroit once dedicated an entire track on its coveted show floor to getting consumers comfortable with electric vehicles and charging.