4 Chinese Carmakers Explore Canadian EV Production to Tap Low-Tariff Quotas
Updated
Updated · Bloomberg · Jun 22
4 Chinese Carmakers Explore Canadian EV Production to Tap Low-Tariff Quotas
3 articles · Updated · Bloomberg · Jun 22
Summary
At least four Chinese automakers are assessing Canadian manufacturing partnerships that could help their electric vehicles qualify for Canada’s low-tariff import quota, Industry Minister Melanie Joly said Monday.
Joly said the interest centers on pairing local production with quota access, offering a route into the Canadian market with lower import costs.
BYD, Chery, Zhejiang Geely and Shanghai Launch Automotive Technical were among the companies Joly met during a trip to China last week.
The outreach signals Canada is drawing interest from major Chinese EV players as they look for overseas production bases and tariff-efficient market access.