Chinese EVs Are Landing In Canada. Over Half Of Canadians Would Buy One
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Chinese EVs Are Landing In Canada. Over Half Of Canadians Would Buy One
"Over 50% of Canadians would consider buying a Chinese-made car, a new AutoPacific survey shows. The survey reveals that price, quality, and value for money are the biggest reasons Canadians would consider buying a Chinese vehicle. This year, Chinese brands will start selling cars in Canada, after the U.S.'s northern neighbor slashed import tariffs."
"Per AutoPacific's survey, 67% of Canadian new vehicle shoppers are very or somewhat familiar with Chinese auto brands, and 55% will consider buying one if available in Canada. A similar survey was conducted last year in the United States, where 65% of respondents said they were very or somewhat familiar with Chinese auto brands, and 51% would consider buying a Chinese-branded car."
"After the Canadian government slashed import tariffs from 100% to just 6.1%, some of China's biggest players in the car industry went into overdrive, setting up dealerships and shipping the first cars for certification and laying the groundwork for the inevitable start of sales later this year. Chery has already shipped an initial batch of EVs and PHEVs to Canada, with thousands scheduled for delivery in the following months."
"Price, quality, and value for money were quoted as the biggest reasons for considering purchasing a car made by a Chinese brand, but it's worth noting that none of the marques that are setting up shop right now have disclosed the pricing of their cars. We're used to seeing luxury EVs in China priced very low when converted into local currencies, but as AutoPacific points out, that's mostly due to the "
Over half of Canadian new vehicle shoppers would consider buying a Chinese-made car if available in Canada. Price, quality, and value for money are the biggest reasons for considering Chinese brands. Canadian familiarity is high, with 67% of shoppers very or somewhat familiar with Chinese auto brands, and 55% willing to consider purchase. Chinese brands are preparing to sell in Canada after import tariffs were reduced from 100% to 6.1%, prompting dealership setup, shipping for certification, and sales groundwork. Chery has already shipped an initial batch of EVs and plug-in hybrids, with thousands scheduled for delivery. None of the incoming brands has disclosed pricing yet.
Read at insideevs.com
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