Canada cuts tariff on Chinese EVs
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China’s rapid development of electric vehicles had competitors concerned even before Canada this week agreed to cut its tariffs on EVs in exchange for concessions on Canadian farm products.
President Donald Trump set up the joke, and now Canada has delivered the punchline. Today Ottawa agreed to slash tariffs on 49,000 Chinese-made electric cars a year as part of a wider thaw that also lowers Chinese duties on Canadian canola and other farm goods. Prime Minister Mark Carney framed the reset as adapting to “new global realities.”
On the sidelines of the Detroit Auto Show, Ford Executive Chair Bill Ford discussed how the company will look in the future.
People seem to think the EV transition is going away. In reality, 2026 is going to be the most exciting year yet.
On the Honda front, Honda’s Woelfer and Fini promised the Honda 0 Series SUV was on track to arrive as an all-electric model by the end of this year. It was first shown at CES 2024 as a concept car, but has developed into a production vehicle that supposedly will be available this year.
While speaking at the Automotive Press Association, Mary Barra confirmed that GM “had to make some fairly significant changes,” including cutting billions of dollars’ worth of EV investments. But she also made clear that new hybrids are in development, Autonews reports.
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General Motors Co. CEO Mary Barra said Monday that electric vehicles remain the future amid headwinds slowing EV adoption. “Once we have more affordable EVs…I think people will pick EVs,” Barra said at a “fireside chat” held by the Automotive Press Association at the automaker’s new headquarters in downtown Detroit.