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Canada slashes 100% tariffs on Chinese EVs to 6%

electrek.co

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Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#41

Post by mkozlows »

justonceokay wrote: post #34
Jeff_Brown wrote: post #17

Earlier quoted context omitted.

In a country with 42 million inhabitants this doesn't seem like a big change even for canada, let alone for the global economy.

It’s a complete sea change. I feel Canada only set tariffs on cars out of some deference to the US auto industry. I don’t want to use slippery slope thinking, but this to me smells like rolling out a Canadian auto market that is not dependent on the US. For the average family, being able to spend significantly less on a car is a big deal.

Keep in mind that the US auto industry is also very much a Canadian one. A lot of Big Three stuff happens across the border in Ontario.

But all the policy support that would have let North American automakers build up a competitive position with China is gone, so this is more about just acknowledging reality now.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#42

Post by gpm »

zjsushsb wrote: post #19

I’m assuming this is downstream of trumps move in Venezuela? Canada suffers the most from US access to Venezuelan oil. On top of all the prior rhetoric and moves by his admin. What concerns me is why does the west think China is trustworthy? Why are we all fighting one another? Culture is important. China knows this, and is unequivocally Chinese relative to the Europeans.

While we (Canadians) certainly aren't happy with Trump's attack on Venezuela, Trump's threats against Canada, reneging on deals with Canada, threats against Greenland, and attacks on the US's domestic rule of law probably all carry more weight in this decision than that.

Despite the issues that Trump has caused Canada still does more trade with the US, on more favourable terms, than China...

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#43

Post by yabones »

feverzsj wrote: post #16

According to Russian users, Chinese EV works poorly in cold climates. I don't think Canadians prefer EVs anyway.

There are a massive amount of new EVs in Quebec, which isn't exactly tropical. Part of it is subsidies, $2K for new EV, and $600 for charging. The other thing is the crazy scale of hydroelectric production in that province, some of which gets exported as far as Baltimore. So electricity is very available and reasonably cheap in QC.

We'll see how BYD's handle the bone chilling Montreal winters... Unless they're an absolute flop, I can see some fairly solid future prospects.

(I live in Ontario, but I've been to Le Belle Province quite a bit ;) )

https://www.quebec.ca/en/transports/electric-transportation/...

https://www.quebec.ca/en/transports/electric-transportation/...

https://en.wikipedia.org/wiki/James_Bay_Project

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#44

Post by palmotea »

vdupras wrote: post #31
zjsushsb wrote: post #19

I’m assuming this is downstream of trumps move in Venezuela? Canada suffers the most from US access to Venezuelan oil. On top of all the prior rhetoric and moves by his admin. What concerns me is why does the west think China is trustworthy? Why are we all fighting one another? Culture is important. China knows this, and is unequivocally Chinese relative to the Europeans.

Up until a while ago, I'm pretty sure that the consensus was that China not trustworthy. And then, Trump plays his cards and the consensus is now that the US are even less trustworthy. So here you go.

> Up until a while ago, I'm pretty sure that the consensus was that China not trustworthy. And then, Trump plays his cards and the consensus is now that the US are even less trustworthy. So here you go.

But that doesn't make China trustworthy, which this move implies.

It seems like there's some "narcissism of small differences" kind of thing going on here. Trump may not share Canada/Europe's values to the same degree of prior US presidents, but China does not share those values at all and never has. It's really questionable judgement to throw your lot in with China if you're not happy with the leadership of the US.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#45

Post by drcongo »

daedrdev wrote: post #8

Its only the first 50K that get 6%, still pretty interesting as being physically so close to the US could cause people in the US to get their first look at Chinese cars. Chinese car companies face far more ruthless competition than western ones so could end up making better cars as a result, imo. There are over 100 brands in china selling electric cars

Chinese EVs are already way ahead of most western EVs - really, you need to see some of the cars the likes of Zeekr, Lynk & Co, Denza and Xpeng are releasing.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#46

Post by footy »

zjsushsb wrote: post #19

I’m assuming this is downstream of trumps move in Venezuela? Canada suffers the most from US access to Venezuelan oil. On top of all the prior rhetoric and moves by his admin. What concerns me is why does the west think China is trustworthy? Why are we all fighting one another? Culture is important. China knows this, and is unequivocally Chinese relative to the Europeans.

> Why are we all fighting one another?

well, the president of the united states of america and the human slimeball he sent as an ambassador to Canada have been threatening our sovereignty for a year. Hope this helps.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#48

Post by _ea1k »

dsfdsfdsffdsfs wrote: post #5

Good. This could force Tesla's hand to make super cheap EV. Musk and crew know how to make cheap stuff - they've chosen high margin for Tesla however.

I don't think it will change anything for Tesla, unless it lowers their costs through lowered tariffs somehow.

TBH, Tesla is in a tough position with their EVs in NA. They can't really build a cheap enough crossover/suv to compete directly with ICE RAV4, and virtually anything they do at >$50k would negatively impact their existing product sales. The base Model 3/Y are too expensive compared to ICE and have met tepid reviews because of their slightly odd mix of price and features.

So they've chosen instead to focus on autonomy and car hiring. I can't blame them for that. There's a huge potential for recurring revenue in that space and they've been positioning themselves to be in an excellent position to capture a lot of it over the next five years.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#49

Post by mikkupikku »

zjsushsb wrote: post #19

I’m assuming this is downstream of trumps move in Venezuela? Canada suffers the most from US access to Venezuelan oil. On top of all the prior rhetoric and moves by his admin. What concerns me is why does the west think China is trustworthy? Why are we all fighting one another? Culture is important. China knows this, and is unequivocally Chinese relative to the Europeans.

IP issues aside, China is a fairly reliable trading partner. That's all most people care about.
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