3 stories tagged imports on EV Digest.
As Canada prepares to welcome Chinese-made electric vehicles, a new report indicates a significant spike in consumer interest for these models, particularly those under CA$35,000. This growing demand aligns with Canada's newly established import quotas for Chinese EVs, which are set to expand over the next five years. The push for more affordable options could reshape the Canadian EV landscape.
Chinese EV manufacturers are circumventing U.S. tariffs by sending 'knock-down' kits or partially assembled vehicles to Mexico, where they undergo final assembly before entering the U.S. market. This tactic allows them to capitalize on loopholes in existing trade agreements, enabling tariff-free importation of their electric cars into the United States. This strategy is reminiscent of past practices used by other industries to bypass trade barriers.
The first shipment of 2025 Lotus Emeya electric sedans and Eletre electric SUVs will reach Canada in July, benefiting from a special trade agreement between China and Canada. This deal, brokered through a memorandum of understanding, allows Geely-produced EVs to enter the Canadian market at a lower tariff rate, fostering new competition and choices within the EV segment.
