Canadians shopping for a high-end electric SUV have another name to consider, and it wears a Lotus badge. The Eletre comes into the country at a reduced tariff rate, yet the sticker still lands well into luxury territory, nowhere near the cut-rate EVs plenty of locals were hoping the China trade deal would bring to their driveways.
Thanks to a new trade deal struck between Canada and China earlier this year, EVs imported from China are now only subject to a 6.1 percent. This has generated plenty of buzz among car manufacturers looking to expand their reach into Canada, with companies including BYD, Chery, and others all planning local launches.
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