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China's BYD Eyes Canadian EV Market Amid Tariff Discussions

BYD prepares to expand its North American presence, facing potential Canadian tariffs similar to those in the US and EU.

  • BYD has filed regulatory documents in Canada, signaling its intent to sell electric vehicles there.
  • The company has engaged with Canadian dealers about setting up local dealerships.
  • Canada is considering imposing tariffs on Chinese EVs, following US and EU policies.
  • BYD already has a presence in North America through Mexico and its electric buses in the US.
  • The expansion into Canada could serve as a strategic move to circumvent US tariffs.
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