Wednesday, January 10, 2024

Who benefits most from Canada's ambitious EV targets? Maybe China

Visitors check the BYD ATTO 3 at the IAA motor show in Munich, Germany, Friday, Sept. 8, 2023. The international motor show IAA Mobility 2023 takes place in Munich from Sept. 5 until Sept. 10, 2023.

Analysts suggest there could be unintended consequences for Canada setting EV sales regulations and that China and its auto manufacturing base could come out the winner, all at the expense of Canada's auto industry.



source https://www.cbc.ca/news/business/china-ev-targets-canada-auto-industry-1.7075508?cmp=rss

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