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Why Canada Is Allowing Chinese EVs

DeFi Daily News by DeFi Daily News
February 12, 2026
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Canada’s move to allow 49,000 Chinese made EVs into its domestic market at a tariff rate of 6.1% is both a return to an earlier policy, and a sign that the country is diversifying its trade relationships as relations with the United States. Though the agreement is meant to open China’s market to Canadian canola oil, and to bring cheaper EVs to Canadian buyers, Canada also aims to open the door to joint ventures with Chinese companies. It’s unclear whether they will invest if relations with US don’t improve.

Producer: Robert Ferris
Editor: Darren Geeter
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi

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Why Canada Is Allowing Chinese EVs

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Tags: AllowingBYDCanadaChinesechinese evEVsFordGeelyGeneral MotorsLi AutoNIOStellantistariffstesla model yTrumpXiaomi
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