Chinese EVs are coming to Canada. How soon will they be here? How much will they cost?
Popular models could arrive sooner than you think, expert says
By Nick Logan · CBC News
Buckle up! The electric vehicle market in this country is about to take a sharp turn.
Prime Minister Mark Carney is reopening Canada to Chinese-made EVs, lowering a 100 per cent tariff on imports, imposed in 2024, back to six per cent.
There's demand for more affordable and climate-conscious EVs, and for an average customer, having Chinese EVs in the market means "more choice" and "greater tech," said Max Morris, sales manager at Shift Electric Vehicles in Burlington, Ont.
While some are applauding the EV market opening up, others are raising concerns about the safety and security of vehicles from companies tied to the Chinese government.
How many are there?
China has shaken up the global EV landscape in recent years, offering more affordable cars, SUVs and other battery-powered and hybrid electric automobiles.
China has more than 100 EV brands, bolstered by heavy subsidies, but there are 15 dominant names, including Geely, Chery, MG, Wulin and U.S.-based Tesla -- which also makes some models in China.
How many are coming to Canada?
Up to 49,000 EVs a year from China will be allowed into Canada, initially, which Carney says is less than three per cent of the overall car market.
That will increase to approximately 70,000 over five years.
How soon could they arrive?
We don't have an exact timeline and we don't know which models might be available.
But vehicles could arrive at Canadian ports in a matter of weeks, says Addisu Lashitew, an associate professor at McMaster University's DeGroote School of Business.
"Chinese EV makers can ramp production and ship quickly, and BYD even operates its own cargo ships that could further shorten transit times," he said in an email to CBC News.
How soon could they arrive?
We don't have an exact timeline and we don't know which models might be available.
But vehicles could arrive at Canadian ports in a matter of weeks, says Addisu Lashitew, an associate professor at McMaster University's DeGroote School of Business.
"Chinese EV makers can ramp production and ship quickly, and BYD even operates its own cargo ships that could further shorten transit times," he said in an email to CBC News.
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SOURCE: Chinese EVs are coming to Canada. How soon will they be here? How much will they cost? | CBC News
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