Chinese electric vehicle maker BYD is reportedly preparing to launch a dealer network in Canada, despite the presence of steep tariffs on Chinese cars. According to KrASIA, these tariffs, which impose a 100% duty on Chinese vehicles, are currently in place in both the US and Canadian markets.
The move signals BYD's ambition to expand its footprint in North America, potentially challenging existing trade barriers. Establishing a dealer network could help BYD build brand recognition and access among Canadian consumers, even as tariff costs remain a significant hurdle.
For Japanese investors and market watchers, BYD’s strategy highlights growing competition in the EV sector across North America, where tariff policies and supply chain dynamics continue to influence market entry and expansion decisions.