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Chowda7 said:
Looks like thats the plan
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I see this as something new and not necessarily a Chinese brand... "Canada wants to look at joint ventures and investments with Chinese companies within the next three years to build a Canadian electric vehicle with Chinese knowledge, according to a senior Canadian official.

I know there was that Canadian car manufacturer's rep that said Canada could build something with its own supply chains. Maybe tapping into some Chinese knowledge and tech and assembling a Can Car here is what they're thinking... That seems like a massive reach though, so maybe a joint venture with an existing North American brand, a Ford is partnered with a Chinese brand could be what they're thinking. Could that be something a future US administration would allow, especially if they're part of the supply chain.
 
Realistically the existing supply of 49,000 will just be for Tesla and Geely owned brands (Volvo/Polestar) because they have cars certified and a distribution network in Canada. I'm curious how cost competitive Chinese EVs really are. There is lots of discussion about how they're cheap, but margins are razor thin and companies are competing tooth and nail for market share. Labour is a smaller and smaller part of the value add into a car. We don't have the battery manufacturing (30-40% of an EV), nor do we want it really for all the environmental costs. It's really the parts business we should be after and we have some domestic know how with companies like Magna that actually have a huge Chinese presence.
 
trtcttc said:
Realistically the existing supply of 49,000 will just be for Tesla and Geely owned brands (Volvo/Polestar) because they have cars certified and a distribution network in Canada. I'm curious how cost competitive Chinese EVs really are. There is lots of discussion about how they're cheap, but margins are razor thin and companies are competing tooth and nail for market share. Labour is a smaller and smaller part of the value add into a car. We don't have the battery manufacturing (30-40% of an EV), nor do we want it really for all the environmental costs. It's really the parts business we should be after and we have some domestic know how with companies like Magna that actually have a huge Chinese presence.
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I'm also curious about what the cost will be for the cars. I looked at some BYDs down in Mexico, and they're surprisingly nice vehicles, but they aren't cheap, even in Mexico. The one I was interested in was a small RAV-4 type one called the Seal U, but it was something like 38k USD. Not overly expensive, but considering it's half the price in China, I don't think we'll be getting a pile of cheap cars here.
 
Surrealplaces said:
I'm also curious about what the cost will be for the cars. I looked at some BYDs down in Mexico, and they're surprisingly nice vehicles, but they aren't cheap, even in Mexico. The one I was interested in was a small RAV-4 type one called the Seal U, but it was something like 38k USD. Not overly expensive, but considering it's half the price in China, I don't think we'll be getting a pile of cheap cars here.
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That's probably closer to their full cost. I think that's why China wants to export their cars, there's too much domestic supply and competition. When I was in HK over Christmas, there's BYD, X-PENG, ZEEKER, GAC, MG, MAXUS, and many more I never seen the logo of. Of course there's still the Tesla/Hyundai/Toyotas. They're likely selling in China at a loss, so they need new markets that aren't as competitive to even turn a profit.

38k USD translates to about 52k CAD. A Hyundai IONIQ 5 is 56k CAD (MSRP). An EV is really primarily a component business, it's why there's stories of new cars getting written off because of battery damage. If EVs truly become the future, I think the auto manufacturing industry won't "move" to China but will simply shrink as the labour required for building and maintaining a car drops significantly.
 
UrbanWarrior said:
Is there anyone anywhere who thinks the EU/NATO might cave on Greenland?
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Absolutely. Europe has a pretty lengthy and well documented history of barely surviving diplomatic fuckups and factional infighting, going back to at least the siege of Vienna, arguably much further.

Or in more recent terms;

- Number of world wars started by Europeans: 2

- Number of world wars lost by Europeans: also 2

This book provides a very thorough explanation of all that.

1000007374.jpg



Contemporary Europe doesn't really have a lot of cards to play, nor does Greenland have much strategic or economic value to them, so I don't think they'll fight for it.

It'll get framed as a deal, sign over the island for X amount of aircraft, missiles, etc for the latest continental catastrophe. Europe and their new pet project can't defeat the post soviet horde without US help. And everyone knows it.
 
Surrealplaces said:
I'm also curious about what the cost will be for the cars. I looked at some BYDs down in Mexico, and they're surprisingly nice vehicles, but they aren't cheap, even in Mexico. The one I was interested in was a small RAV-4 type one called the Seal U, but it was something like 38k USD. Not overly expensive, but considering it's half the price in China, I don't think we'll be getting a pile of cheap cars here.
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Supposedly the deal is structured so that half the cars imported will be under 35k. Why that has to wait until 2030 sets off my BS meter though.

Screenshot_20260119-132939_1.png


Not really much of a car guy myself, but I will confess to being a bit of a Hongqi enthusiast.

Not an EV though, so sadly I don't think they'll be bringing any in...

hongqil5_01-2164176112.jpg
 
InfrastructureEnthusiast said:
Supposedly the deal is structured so that half the cars imported will be under 35k. Why that has to wait until 2030 sets off my BS meter though.

View attachment 709904
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It's not going to be immediate because most of the quota in 2026, 2027 will likely be Tesla/Polestar/Volvo, maybe even Hyundai if they want to allocate their US and Korean production to the US. I think there's a lot of confusion in the media that these are not necessarily Chinese car company EVs, but EVs of any brand made in China. It will take a couple years for the BYDs, Zeeker, etc. to do the necessary work to actually export their cars. They have no infrastructure in Canada.
 
trtcttc said:
It will take a couple years for the BYDs, Zeeker, etc. to do the necessary work to actually export their cars. They have no infrastructure in Canada.
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If only China had experience with speed running infrastructure projects... Lol

Agree with the rest of your post though, sounds like the immediate impact of the deal is just rolling back to 2023 imports.

Exciting announcement at first, but the details mute it. It'd be nice to see the 50% under 35k target set for 2028 at least..
 
What is it that has beef prices so high? I can't afford to make steaks anymore, and I make good money!

I remember the drought a couple years ago had feed prices skyrocketing that affected it, but it has to be deeper than that.
 
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