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Canada’s tariff wall on Chinese electric vehicles is deepening dependence on the U.S.
(theconversation.com)
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We went through this with Japan in the 80s. Get them to build here.
As for Chinese autos...is the media willfully ignorant at how close the Chinese EV industry is to implosion? BYD is months behind paying suppliers. All this is moot, in a year, most Chinese EV makers will be broke and the EVs will be in the world's landfills within 5 years.
There is no business model. No one can tool up and build EVs in Canada to fight over what MAYBE will be 25% of sales in ten years. Canadians are not buying EVs.
This is the answer. We do not have Canadian car companies.
Why build American cars in Canada? Build European and Asian ones instead.
Trade the tariffs for new factories.
Are we sure about this? because the rumour mill had China imploding because of construction for the past 5 years...