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It happens all the time that a government regulates foreign industries while giving domestic ones relatively free reign. Canada has no car manufacturers. Europe
by ahartmetz 7mo ago
It happens all the time that a government regulates foreign industries while giving domestic ones relatively free reign. Canada has no car manufacturers. Europe has no Facebooks or Apples. The US doesn't make diesel cars.
- andyferris 7mo agoCanada might not own car manufacturers but they do have factories that build cars for GM, Ford, etc, and these are important to their economy. I thought some were sold in the US even? Chinese companies aren’t exactly building factories in Canada to sell to NAFTA, but I guess Carney figures it’s worthwhile overall?
- raddan 7mo agoMany are made in Canada [1]. I remember traveling to Quebec in the early 2000s and being surprised to see more people driving Fords than back home in the US. I suspect part of BYD’s strategy is to get a foothold in the North American free trade zone. Maybe they won’t be able to export to the US at first. But if I recall correctly, an import US legal principle is that laws/tariffs cannot discriminate against a single company (excluding for national security). So BYD will simply iterate toward a design that satisfies US regulators. I am not familiar with Canadian safety regulations but I would be surprised if they were dramatically different. Unless American car manufacturers can find it in their hearts to sell an affordable car, this is an existential threat. [1] https://www.guideautoweb.com/en/articles/76684/all-the-vehicles-built-in-canada-and-mexico-that-are-sold-in-the-u-s/ https://www.guideautoweb.com/en/articles/76684/all-the-vehic...