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Why is Canada so afraid of Chinese EVs?
Jul 3, 2024
Finance Minister Chrystia Freeland discusses the potential tariffs on Chinese EVs due to 'unfair competition'. Journalist Lorraine Sommerfeld explains challenges in Canadian EV sector. Why aren't more affordable Chinese EVs available? The podcast delves into hurdles of EV adoption in Canada and future implications.
18:46
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Quick takeaways
- Concerns about unfair competition from Chinese EVs leading Canada to consider higher tariffs.
- Challenges hindering widespread adoption of EVs in Canada include high costs and consumer preferences for larger vehicles.
Deep dives
Concerns Over Unfair Competition and Tariffs on Chinese Electric Vehicles
Canada is considering imposing higher tariffs on Chinese electric vehicles due to concerns about unfair competition and the quality of Chinese EVs becoming more appealing to Canadian consumers. The overcapacity in China's auto industry poses a challenge to Canadian auto workers and the sector, prompting discussions on protecting the Canadian automobile industry through tariffs.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode