Electric Vehicle Trade
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Canada-China EV Trade Deal: What it Means for TSLA, GM, Geely & BYD
ZACKS· 2026-01-20 14:10
Key Takeaways Canada will allow up to 49,000 China-made EVs annually at a 6.1% tariff, a shift that will benefit Tesla.Geely's Volvo and Polestar can resume importing China-built models after pausing shipments in 2024.GM lacks Canada-approved China EVs, while BYD needs certification and networks, limiting near-term gains.Canada is easing tariffs on Chinese-made electric vehicles (EVs), marking a major shift in its EV trade policy. Under a new deal with China, Canada will allow up to 49,000 China EVs per yea ...