Media365
“Policy shifts in the European Union (EU) and Canada have offered a ray of hope for Chinese EVs to crack open major Western auto markets,” said Qian Kang, who owns a factory that makes automotive printed circuit boards in eastern Zhejiang province. “It is the time to focus on brand building and quality control to impress local consumers.”
Canada will drop the additional 100 per cent punitive tariffs it levied on Chinese-made pure electric cars while setting an annual import quota of 49,000 units, Canadian Prime Minister Mark Carney announced on Friday after wrapping up his state visit in Beijing. However, it will retain a tariff rate of 6.1 per cent on Chinese battery-powered cars, most of which feature driving ranges longer than 500 kilometres and sophisticated in-car entertainment systems.
