Market share reports from automotive industry analysts or government publications

Canada's 30-Day Consultation on Tariffs for Chinese EVs: Freeland Labels Them a Threat

Jun 25, 2024, 12:51 PM

Canadian Deputy Prime Minister Chrystia Freeland has labeled Chinese electric vehicles (EVs) as a threat to Canada, prompting the federal government to initiate a 30-day consultation period to consider imposing tariffs on Chinese EV imports. This move is part of a broader effort to protect Canadian auto workers and the domestic EV supply chain from what Freeland describes as unfair Chinese trade practices. The consultation aims to examine Beijing's trade practices and determine appropriate measures to counteract the perceived threat. Freeland criticized China's 'intentional, state-directed policy' of overproducing EVs, which have captured a 21.7% market share in the EU. This development comes amid increasing global scrutiny of Chinese EVs, with the US, EU, and Turkey also planning or implementing significant tariffs on Chinese electric vehicles. The situation highlights the growing tension between Western nations and China over the latter's aggressive push in the global EV market.