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China's BYD and Geely eye Canada and U.S. as Ottawa scraps 100% EV tariff and sets 49,000-unit cap
Chinese EV manufacturers such as BYD and Geely are gaining limited access to Canada after Prime Minister Mark Carney removed the additional 100% tariff and introduced a yearly import ceiling of 49,000 vehicles. A 6.1% duty still applies in Canada, while Europe has moved from steep tariffs to pricing arrangements, even as China's exports hit 2.6 million EVs and BYD's European deliveries jumped sharply in 2025. Analysts say Canada's partial reopening, after imports were driven to nearly zero in 2024, could become an important first step for Chinese brands in the broader North American market.