The federal government will double the price of Chinese-made electric vehicles by imposing a 100 per cent tariff as of October first.
It says Chinese government subsidies keep the prices too low, creating what it calls an “extraordinary threat” to Canada.
The move follows similar tariffs imposed by the United States and the European Union.
Federal and provincial governments have spent billions of dollars to encourage the development of an E-V supply chain in Canada…..from mining the necessary minerals to building electric vehicles.
Chinese-made E-Vs have a small but rapidly-growing share of Canada’s automobile market.
