Quote:
Originally Posted by opendoor
For all the coverage this is getting, it's basically just a return to 2023's status quo, but with a cap on imports instead of a free for all that existed back then. My guess is, we'll just see a return to that where cars that already exist here (Tesla, Polestar, etc) are sourced from China, at least to start.
In 2023 for instance, Canada imported $2.2B of Chinese-made EVs which is roughly equivalent to the 50K cap this deal has. So the current policy is more restrictive than before. If we didn't see BYD and other Chinese automakers enter the market then, I'm not sure we will now.
That doesn't seem right. There were about 200K EVs sold in Canada in 2024, and while it did drop in 2025, I can't imagine it dropped by that much.
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It's not! I didn't notice that was just Q3, from here:
https://electricautonomy.ca/data-tra...-sales-canada/
Past 4 quarters are about 147,400. Thanks for catching that.
https://www150.statcan.gc.ca/t1/tbl1...pid=2010002501