Cheap Chinese Electric Cars Are Coming To Canada. What Happens Now?

"It's no secret that China's high-tech electric vehicles and hybrids are taking over the worldeverywhere but in the United States and Canada, really. But that's about to change for the latter country very soon. On this week's Plugged-In Podcast, we're discussing the recent trade deal that will renew Chinese EV imports into America's neighbor to the northand what that means for the entire North American car market."

"My co-host Tim Levin and I also have a lot to say about the new Volvo EX60, which is unquestionably the Swedish automaker's most important EV ever (and perhaps its most important modern car, period). With 400 miles of range, compelling tech, excellent fast-charging and a price tag that's not stratospherically expensive, it seems positioned to be a winnerif Volvo can stick the landing after years of tech issues."

"The startup Lemonade is offering a deal where it will cut Tesla owners' driven-mile rate by 50% if they use Full Self-Driving (Supervised). It's a huge bet on the idea that FSD is actually safer than a human driver, which Tesla has long claimed but is far from widely accepted. More than that, this could be a groundbreaking moment for how the insurance industry eventually treats autonomous cars. After all, the liability issues alone mean they'll need to be insured differently from conventional cars."

A trade deal will renew Chinese electric-vehicle imports into Canada, altering competitive dynamics across the North American car market. The Volvo EX60 offers 400 miles of range, advanced technology, strong fast-charging performance, and a comparatively reasonable price, positioning it as a critical model for Volvo's EV success. Lemonade's insurance offer cuts Tesla owners' driven-mile rate by 50% when using Full Self-Driving (Supervised), implying an industry wager that FSD may be safer than human drivers. Shifts in liability and risk assessment could force insurers to create distinct policies for autonomous and conventional vehicles.

Read at insideevs.com