China's BYD explores Canadian auto market entry -regulatory filing

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 53 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

Canadian Officials News

Imposing Tariffs,European Union,Canada

Canada, following in the footsteps of the United States and the European Union, said in June it was considering imposing tariffs on Chinese-made electric...

- Chinese EV maker BYD, is looking to enter the Canadian automotive market, according to a regulatory document filed earlier this month, even as Canadian officials consider imposing tariffs on vehicles imported from China.

Ottawa opened a month-long public consultation period on July 2 to weigh its response, noting "China's unfair support for the EV sector, if left unchecked, could lead to an exponential surge of imports that will adversely affect planned EV investments and the transformation of Canada's automotive sector.

Secretary of State Antony Blinken, speaking in Singapore after reports of the assassination of Hamas political leader Ismail Haniyeh, says the U.S. will continue to work toward a ceasefire in Gaza.Microsoft Azure cloud growth fell short, but eased AI spending fears. AMD spiked and Nvidia jumped. A Fed pivot is on tap.

A van carrying more than 30 migrants overturned on Wednesday in southeastern Serbia, in the second such accident in days, state RTS television reported. The accident happened near the town of Bela Palanka, on the road leading from Pirot, near the Bulgarian border, toward Nis, in southern Serbia, the report said. The RTS report said at least 20 were hurt on Wednesday, some of them seriously.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese EV maker BYD informs Ottawa it plans to enter Canadian marketOttawa is weighing trade action against made-in-China EVs, and the electric-vehicle manufacturer’s biggest potential obstacle may be tariffs
Source: globeandmail - 🏆 5. / 92 Read more »

BYD Plays Winning Hand in China EV Market With Hybrid ModelsA yawning gap has opened up among China’s electric-vehicle stocks with BYD Co. beating all comers due to its latest technological rollout.
Source: BNNBloomberg - 🏆 83. / 50 Read more »