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Market
Which EV manufacturer will have the largest market share in Canada by end of 2024?
2
Resolution / Starting Odds
Tesla • 25%
BYD • 25%
NIO • 25%
Other • 25%
Market share data from automotive industry reports
Story
Canada Imposes 100% Tariff on Chinese EVs, 25% on Steel and Aluminum
Aug 26, 2024, 02:06 PM
Canada has announced the imposition of new tariffs on Chinese-made electric vehicles, steel, and aluminum. Prime Minister Justin Trudeau stated that the government will implement a 100% tariff on electric vehicles imported from China and a 25% tariff on Chinese steel and aluminum. This move aligns Canada with similar actions taken by the United States and the European Union, aiming to counter perceived trade imbalances and protect domestic industries. The decision, expected to be announced in Halifax, Nova Scotia, comes amid concerns over China's subsidies, which are seen as giving its industries an unfair advantage in the global market.
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Below 10% • 25%
10% to 15% • 25%
15% to 20% • 25%
Above 20% • 25%
Tesla Model Y • 25%
Tesla Model 3 • 25%
Ford Mustang Mach-E • 25%
Other • 25%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
No significant change • 25%
Ford • 25%
General Motors • 25%
Rivian • 25%
Other • 25%
BYD • 25%
NIO • 25%
Xpeng • 25%
Other • 25%
BYD • 25%
Tesla • 25%
Nio • 25%
Other • 25%
Tesla • 25%
Rivian • 25%
Ford • 25%
Other • 25%
Less than 10% • 25%
10-20% • 25%
21-30% • 25%
More than 30% • 25%
Tesla • 25%
BMW • 25%
Mercedes-Benz • 25%
Volkswagen • 25%
Tesla • 25%
BYD • 25%
NIO • 25%
Other • 25%
Tesla • 25%
BYD • 25%
NIO • 25%
Other • 25%