CleanTechnica•about 2 months ago
Canada’s New Trade Agreement Has Far Reaching EV Implications
- •Canada's new trade agreement with China allows for a quota of 49,000 EVs at a 6.1% tariff, increasing to 70,000 vehicles over five years.
- •This policy change is expected to significantly boost EV adoption rates in Canada by making Chinese-made EVs more accessible and affordable.
- •For developers, this implies a growing need for EV charging infrastructure projects and associated grid upgrades to support increased electricity demand.
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