Hyperdrive
China’s BYD Seeks Entry to Canada EV Market Despite Likely Tariffs
- Electric carmaker posts notice it plans to lobby lawmakers
- Canada’s consultations on tariffs set to close Thursday
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Chinese electric carmaker BYD Co. is looking to enter the Canadian market just as Prime Minister Justin Trudeau’s government works to clamp down on imports of vehicles from the Asian powerhouse.
Lobbyists for the company, which sells its electric vehicles for less than $10,000 in China, filed notice with Canada’s federal registry that they plan to approach officials and lawmakers to advocate for BYD’s anticipated entry.