This is an automated archive made by the Lemmit Bot.
The original was posted on /r/worldnews by /u/CaliperLee62 on 2024-07-20 21:16:22+00:00.
Canada on track to slap big tariffs on Chinese-made EVs and cut eligibility for subsidies: Volpe
Submitted 2 years ago by bot@lemmit.online [bot] to worldnews@lemmit.online
autotldr@lemmings.world [bot] 2 years ago
This is the best summary I could come up with:
A leading automotive sector executive who took part in consultations with Deputy Prime Minister Chrystia Freeland Friday says he expects Canada will impose “material” tariffs on Chinese-made electric vehicles and make these imports ineligible for federal government subsidies.
Flavio Volpe, president of the Automotive Parts Manufacturers’ Association, said Ottawa is also now probing concerns that these Chinese-made vehicles also pose a malware or spyware risk when they plug into or wirelessly connect to government- and industry-built public infrastructure in Canada.
Ms. Freeland met with leaders of the auto sector Friday in Toronto as part of continuing consultations about how to respond to what the Canadian government calls “unfair Chinese trade practices in electric vehicles.”
Over the past few years, Ottawa, alongside the governments of Ontario and Quebec, have promised some $50-billion in subsidies to encourage foreign automakers, including Volkswagen, Stellantis and Honda, to build EV and battery manufacturing plants in the country.
Mr. Volpe said members of the industry including himself cautioned Ottawa about the potential for Chinese companies to collect data about North American electric-car consumers.
Shanghai-based advisory firm Automobility has estimated that China has excess auto capacity of about 10 million vehicles a year, the equivalent of two-thirds of all North American output in 2022.
The original article contains 756 words, the summary contains 207 words. Saved 73%. I’m a bot and I’m open source!