Ottawa is mulling tariffs on Chinese EVs. Could it change how much you pay?

📆 6/25/2024 8:12 PM
📰 GlobalCalgary

⏱ Reading Time:
22 sec. here
7 min. at publisher
📊 Quality Score:
News: 29%
Publisher: 61%

EV Tariffs News

Chinese Evs,Tesla,Canada

Ottawa is mulling a suite of measures to protect against the 'oversupply' of Chinese-made electric vehicles in the global market. Will you pay more for your EV?

Over the month of July, the Canadian government will consult with stakeholders about plans to tackle what it calls the “oversupply” of Chinese-made

Canada’s announcement came after both the United States and the European Union levied their own restrictions on Chinese EVs. “Midway through 2023, when the new Model Y started to enter the market, most of those were being exported from the Shanghai facility to Canada,” Johnson said.He said while the electric vehicle rebate in Canada is not restricted based on the vehicle’s country of assembly, it is under the policy in the U.S.

Write Comment

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:

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Ottawa expected to announce tariff plan for Chinese EVs after U.S. moveFinance Minister Chrystia Freeland is expected to announce a plan for potential tariffs to protect Canada's electric vehicle supply chain from unfair Chinese competition.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Brazil surpasses Belgium as top export market for Chinese EVs, hybrids, data showsBrazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »