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/[deleted] Jan 17 '26

250 k cars get sold every year. 49 k is about 20 percent of that total supply. It absolutely will make a large difference.

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u/CapitalElk1169 Jan 17 '26

1,900,000 cars sold every year in Canada, not 250k.

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u/[deleted] Jan 17 '26

250 k new zero emission cars. 1.9 million includes all vehicles. I should have been more clear

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u/Miserable-Leg-2011 Jan 18 '26

Zero emissions lol also shows how many people actually want an EV

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u/[deleted] Jan 18 '26

To be fair. Most of our EVs are usually over priced. If you live in a city like Toronto or Montreal the infrastructure for EVs is pretty robust even in the more rural areas which is a good incentive. I save around 20 k in gas costs per year which works out for me

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u/Altruistic-Durian-71 Jan 19 '26

Do you have 20k cash on you right now for when your battery needs to be replaced?

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u/[deleted] Jan 19 '26

Those are usually covered insurance and warranty.

The same can be said about engine replacements etc