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Canada Set to Receive First China-Made EV Shipment as Lotus Loads First Batch
(eletric-vehicles.com)
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These are so-called 'hyper SUVs' according to Lotus and the bottom tier starts around $110k. We don't need more high end expensive EVs in Canada.
Looking forward to future batches with much more reasonably priced models.
I knew the quota system would limit to high end cars, but was hoping for $80k models.
I was hoping for $20k models.
If they can only import a certain number of cars, they're gonna import the cars that make the most money.
I'm no economist, but maybe if they set the limit by total sale value instead, we would get the cheaper cars that have more demand.
The deal requires 10% to be under 35k by 2027 and 50% under 35k by 2030.
nice
I would have assumed they would specify the quotas per price range, maybe they did. We might see cheap ones yet. Probably not what I want, but that was unlikely anyway.