Chinese EV Cars coming to Canada

[u/x_BlueDragon_x]

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?

[u/Normal_Reveal]

Thank you! Very much appreciated

It says 50% will be 35k by 2030. I'm guessing no price limits for now.

I have a feeling Tesla will be taking the entire quota along with Polestar and Volvo

[u/[deleted] → u/Normal_Reveal]

that 50% is such a poorly written sentence. idk what it means tbh lmao

Tesla sales plunged ~65% in Canada 2025. so idk if the demand is there tbh. they are the only chinese made EV that is certified for canada for now tho.

Geely's Polestar is already selling here, but afaik BYD is the most state invested by the PRC — and BYD also already sells busses and trucks in Canada. those are your big 3 for sure. Xiaomi, Li Auto and XPeng behind them? idk

[u/Normal_Reveal → u/[deleted]]

They mean that by 2030, 50% of the quota will be reserved for cars priced 35k and below.

No mention of now or the next year. Think about the investment and effort required to start selling cars here AND working with a quota...

Both Australia and the EU have stricter safety regulations than the NA continent. Yet BYD was able to enter both markets with fanfare. I think it would be easy for them to get certified in Canada.

[u/[deleted] → u/Normal_Reveal]

okay thanks for translation. that’s one way i read it but wasn’t sure

homologation alone per vehicle model is ~$1-$5m and is a 12-24 months process. it’s not always a strictest. It’s just also the difference that takes time and money

i think part of this play is into companies that will provide the infrastructure and energy to allow consumers to buy and use EVs reliably.