Canada has completely switched sides, announcing joint production of electric vehicles with China, leaving the White House unprepared!

Recently, Kaney officially unveiled a new electric vehicle development strategy in Ottawa. This strategy not only includes restarting consumer car purchase subsidies and investing billions of Canadian dollars into charging infrastructure construction, but more importantly - explicitly designating China as a key partner to jointly promote the localization and export layout of electric vehicles in Canada.

For a long time, Canada's automotive industry has been highly dependent on the U.S. market. Data shows that over 90% of Canadian-made vehicles and 60% of components are exported to the U.S., directly supporting 125,000 jobs. However, this single dependency also brings significant risks.

In recent years, the U.S. has frequently threatened to impose tariffs on Canadian products, even demanding automakers to move their production lines to the U.S. This made Canada realize: handing over the country's economic lifeline entirely to a neighboring country is neither safe nor sustainable.

It was under this pressure that Kaney began to seek an "America-free" export diversification path. And China happened to provide the most realistic breakthrough. China is not only the world's largest electric vehicle producer, with a complete industrial chain from batteries, motors to intelligent connectivity, but also has rich experience in overseas investment and technology exports. In comparison, although Canada has abundant nickel, cobalt, lithium and other key mineral resources, it lacks整车 manufacturing capabilities and large-scale supply chains. The two sides have highly complementary strengths.

This means that in the coming years, Chinese car companies may set up factories in Canada, using local resources, labor force and the advantages of the North American Free Trade Agreement rules, turning Canada into a production base for the entire North American market. Since Canada is a member of USMCA, electric vehicles produced locally can be imported duty-free into the U.S. market - which effectively provides a legal channel for Chinese brands to bypass the high tariff barriers imposed by the U.S.

Original article: toutiao.com/article/1856364714998784/

Statement: The article represents the personal views of the author.