this post was submitted on 05 Sep 2025
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Because the Chinese government is making them sell below cost. It's called dumping. The point is to destroy local industry.
But BYD is fucked, they cannot survive on this much longer.
While the feds tried to incentivise EVs, the provincial PCs ripped out chargers and subsidized gas prices.
The link you provided literally says that the Chinese government is telling them not to do that. The issue is described as BYD trying to edge out other Chinese companies and monopolize the Chinese car market.
The whole argument for the tariffs is to protect local car manufacturers and the people who work for them, but Canada doesn't produce EVs right now and the issue is that now we are telling car companies they dont have to produce EVs either. So what is the logic behind the tariffs at this point? Seems like its just protecting car companies from needing to innovate.