CleanTechnica•about 1 month ago
Chery Once Tried Canada and Never Got to First Base, Could this Comeback be a Home Run?
Key Takeaway
The impending entry of major Chinese EV OEMs into Canada, spurred by new policy, forecasts a substantial increase in electricity demand and infrastructure development needs for the power sector.
AI Summary
- •Chinese EV manufacturers (BYD, Chery, Geely) are poised to enter the Canadian market under a new government quota system, with Chery making a renewed attempt after a past failure.
- •This policy-driven influx of new electric vehicle models is expected to accelerate EV adoption rates across Canada, increasing the pace of fleet electrification.
- •Increased EV penetration will drive significant growth in electricity demand, requiring substantial investment in charging infrastructure, grid upgrades (interconnects, transmission), and potentially new generation or storage capacity to support future load growth.
Topics
interconnectoempolicystoragetransmission
Article Content
Three Chinese brands—BYD, Chery, and Geely—are now widely viewed as the most likely entrants under the new quota system. Yet among the three, Chery may hold an overlooked advantage rooted not in its current electric vehicle portfolio, but in a largely forgotten attempt to enter the Canadian market two decades ... [continued] The post Chery Once Tried Canada and Never Got to First Base, Could this Comeback be a Home Run? appeared first on CleanTechnica .