CAN previously overthrew the investments of Byd, but Trump’s prices are now threatening jobs in the automotive industry, so the tables have turned
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by Brad Anderson
March 31, 2025 at 3:10 PM
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- The country has been prudent of Chinese companies for national security reasons.
- Byd could bring its affordable electric vehicles to Canada, but there is no guarantee.
- After being rejected by Canada, Byd looked elsewhere for its investments.
While Canada looks at heavy prices of 25% on the vehicles it builds, then exports to the United States, it was revealed that Byd expressed interest in investing massively in the White North, but was confronted with “obstruction”. Trump’s important prices come into force on April 2, however, Canada may need a byd investment more than ever.
China’s ambassador to Canada, Wang Di, said the Canadian government was “seriously attenuated” the confidence of Chinese companies to invest locally. For example, three Chinese mineral companies have been ordered to give up their assets, the Canadian tiktok branch has been closed and the Deepseek IA firm has been prohibited.
Read: the EV brands belonging to the Chinese take momentum in Europe, collectively exceeds Tesla
Canada has adopted this approach has lasted on companies, including Byd, for national security reasons, to protect its national automotive factories and, in solidarity with the United States, where former President Biden suggested that Chinese brands could use Canada as a side door in the United States. However, with new prices from President Trump, logic suggests that there may no longer be to protect trade relations in Canada and the United States, and allowing byd to invest could have a meaning.
“Byd had carefully thought about coming to Canada to make investments. But they encountered enormous difficulties, restrictions and obstruction, and they had to abandon the idea of investing in Canada. And I heard that they had moved to other countries, and they knew a lot of success,” said Di Globe and Mail. “If Byd has managed to invest in Canada, I think the result would be that Canadian consumers could have taken advantage of electric vehicles with the latest technologies, with very good quality and at a cheaper price. Isn’t that a good thing? ”
If Trump’s prices force car manufacturers to move more from their production in the United States, countless jobs could be lost throughout the Canada automotive manufacturing sector. Now, Canada may need byd more than the Chinese car manufacturer needs it.
However, this ship may have already sailed. According to the spokesperson for Byd, Frank Girardot, Byd has no manufacturing plan in Canada and will simply continue to serve business buses that some public transport operators use.
