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IT Home reported on July 31 that Chinese electric vehicle giant BYD is preparing to enter the Canadian market. According to Automotive News, BYD recently hired lobbyists to provide consulting services for its entry into the Canadian market to sell passenger electric vehicles, establish new businesses, and deal with possible tariffs on electric vehicles. In addition, BYD has begun contacting Canadian auto dealers to prepare for the establishment of sales channels.

IT Home noted that in response to the rapid rise of China's electric vehicle industry, the US government recently took measures to impose a 100% tariff on imported Chinese electric vehicles, and took other measures to encourage the localization and friendly outsourcing of electric vehicle-related manufacturing. Canada is also considering following the example of the United States and the European Union and imposing similar tariffs on Chinese electric vehicles.

Without direct access to the U.S. market, Chinese electric vehicle companies may seek to enter one of the world's largest auto markets through a detour. Auto industry analysts say that could mean establishing operations in Mexico and Canada.

It is worth noting thatBYD has already made some arrangements in the North American market. It has a factory in California, USA, which produces electric buses and trucks. In Mexico, BYD sells passenger cars including the plug-in hybrid pickup "Shark". However, BYD's president of North America said earlier this year thatThe company currently has no plans to enter the U.S. passenger car market.