
15,603 Chinese vehicles were imported into Canada in the past six months. That was well below the 24,500 quota and another period recently opened.
Tesla, Lincoln, Lotus, and Polestar have been among the early beneficiaries. In January, Canada and China announced a “new strategic partnership” that would allow 49,000 Chinese EVs to be imported at a most-favored-nation tariff rate of 6.1%. .
Between March 1 and August 31, a total of 15,603 hybrid and electric vehicles were imported and that was well below the maximum of 24,500 allowed for the first period. As Global Affairs Canada noted, the number fell 8,897 short of the quota. More: The First Chinese EVs Reaching Canada Aren’t.
The Bargains Buyers Were Promised While the first period has now come to a close, the second opened on September 1. As the Canadian government explained, it allows for an additional 24,500 Chinese vehicles to be imported. However, there’s also a caveat for “any unused volumes” from period one, so the total for the second period is actually 33,397.
.…
➪ Continue reading the full article on www.carscoops.com









