Half of Canada’s EV market risks being swallowed up by China
Prime Minister Mark Carney’s promise to lift major tariff restrictions on Chinese electric vehicles is poised to give China a major share of Canada’s EV market, according to federal data.
Prime Minister Mark Carney’s promise to lift major tariff restrictions on Chinese electric vehicles is poised to give China a major share of Canada’s EV market, according to federal data.
Statistics Canada data show that annual sales of new battery electric vehicles in Canada have averaged about 108,000 units since 2020.
