Canada Slashes Chinese EV Tariff to 6.1%, Caps Imports at 49,000 Rising to 70,000

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Canada will slash its 100% import tariff on Chinese electric vehicles to 6.1%, with an initial annual cap of 49,000 units rising to 70,000 over the next five years. This change opens a new North American sales channel for BYD, potentially boosting its export volumes and revenue outlook.

Sources

TZF