United States President Joe Biden's administration is quadrupling U.S. tariffs on electric vehicles manufactured in China. But Chinese-made cars are still finding their way into a receptive North American market — just to the north.
“Here you can buy a Tesla made in Shanghai and get a $5,000 purchase incentive that is funded by Canadian taxpayers — including the Canadian companies who are competing with Tesla for that vehicle purchase,” Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association, said in an interview.
And, as in the U.S., electric vehicles remain a relatively small part of the Canadian auto market. Canadians registered about 185,000 battery electric and plug-in hybrid electric vehicles last year — an increase of nearly 50 per cent from the year before, but still only 11 per cent of all new vehicle registrations.
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