CarScoops
Canada’s China deal promised affordable EVs, but $100,000 SUVs are first off the boat
Executive Summary
Summary: Geely’s Lotus subsidiary has sent 18 Eletre SUVs to Canada under a new trade deal cutting tariffs to 6.1 percent. However, the $100,000+ luxury SUVs contradict promises of affordable EVs. Canada will permit 49,000 Chinese EVs annually, with other brands like BYD and Tesla preparing entries.
Brands mentioned: Geely, Lotus, Polestar, Tesla, BYD, Chery, Zeekr
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