The Economic Times

BYD eyes Canadian EV market as new trade deal opens doors for Chinese automakers, but federal rebate eligibility raises key questions for buyers

BYD is set to enter the Canadian electric vehicle market following a new trade deal that reduced tariffs on Chinese-made EVs. The automaker plans to establish 20 dealerships nationwide within its first year, starting in the Greater Toronto Area. However, federal EV rebates will not be available for BYD vehicles, potentially impacting buyer affordability.