Potential China EV tariffs welcomed by GM Canada as BYD looks to enter market

Ian Bickis, The Canadian PressThe 2023 Chevrolet Bolt EV and EUV assembly line is seen at the General Motors Orion Assembly, June 15, 2023, in Lake Orion, Mich. THE CANADIAN PRESS/AP-Carlos Osorio

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.

“Now is the time. Let’s put these policies in place, show the American people we are going to stand shoulder to shoulder with them in this approach to China.” There is, however, the potential for China-based BYD, the world’s biggest electric vehicle producer by volume, to come to Canada. Timing of a return, and potential pricing, of the Bolt is still not fixed, but the company is aiming to bring it back late next year, said Aquilina.

The push higher in EV prices came as producers made bigger vehicles with bigger batteries that made for greater range , but GM says it sees customers’ appetites to give up some of that range.

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Potential China EV tariffs welcomed by GM Canada as BYD looks to enter marketThe 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.
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