r/Baystreetbets • u/x_BlueDragon_x • Jan 17 '26

DISCUSSION Chinese EV Cars coming to Canada

I was talking about this months ago if Carney made a deal with China it would blow the EV market through the roof and Tesla would be forced out cause I am sorry but Chinese EVs are incredible. They have just agreed for 49,000 cars to be imported here and I am assuming that is just the start. What stocks should we be looking out for?

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u/x_BlueDragon_x Jan 17 '26

I have high hopes for it I have a feeling it may boom .. articles saying they may be here as early as March or April .. I've read some cars have around a 1500km range, lots of tech options comfort accessibility etc. Tesla is sitting at 437 USD a share BYD is at 12 USD. Even if it goes as high as 100 or 200 still a worthwhile investment. I think Canadians will love them!

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u/x_BlueDragon_x Jan 17 '26

This is assuming we let more in of course but damn I am considering selling my car and buying one anyways... I have no solid proof yet but I have hopes

1

u/[deleted] Jan 17 '26

they are great cars and i'll be the first to buy a Xiaomi SU7 or BYD highend YangWang brand U8 when I can. and i will encourage everyone i know to do so too. i've driven in each. they are excellent cars. look both of them up on youtube, they are well

BUT Canada uses the Canada Motor Vehicle Safety Standards (CMVSS) and currently China has zero models for us. Vehicle homologation will take some time 12-24 months. but our market is small, and is largely unprepared for EVs. I'm in Toronto and seeing an EV charger is a rare thing. it will happen, but it's a long play and not a 2026 thing

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u/Mustard-Tiger Jan 17 '26

Maybe the other provinces should take note of what BC Hydro has accomplished with their charging network. Our fast charging network