The potential of tariffs on Chinese electric vehicle imports is being welcomed by the Canadian head of General Motors as major producer BYD looks to enter the market.General Motors Canada says they would welcome tariffs on Chinese electric vehicles as automaker BYD looks to enter the market. The potential of tariffs on Chinese electric vehicle imports is being welcomed by the Canadian head of General Motors as major producer BYD looks to enter the market.
Canada's auto sector faces "unfair competition" from China's state-directed policy of overcapacity and broad range of non-market policies and practices, the federal government said in announcing the consultations."An unfair playing field can be quite detrimental, and it's only right that the government look at these issues and consider all of the facts," he said.
Groups like Unifor, the Global Automakers of Canada and the Canadian Chamber of Commerce have also expressed support, while climate-focused associations like Clean Energy Canada have pushed back over concerns the move would cut off more affordable options for electric vehicles. A July 24 lobbyist registration showed the company had hired a consultant to advise on "matters related to the expected market entry of BYD into Canada," and the application of tariffs on EVs.
For now, the company is focused on rolling out its newly arrived Chevy Equinox EV, retailing for around $50,000, which he said puts GM with the most affordable EV in Canada that has around 500 kilometres of range.
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Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »