An ex-diplomat from Canada, who China detained earlier, expressed concerns about the influx of Chinese-made EVs in the Canadian market on Tuesday, outlining that Ottawa’s deal could put Canada on the back foot.
Drive Out Local Competition
Michael Korvig, who was imprisoned by Beijing for three years following his 2018 arrest, said the deal could see Chinese companies “drive out local competition and make Canada dependent on importing Chinese EVs,” according to a Bloomberg report quoting Korvig at a summit in Ottawa.
He also shared that Chinese companies could bring in knockdown kits in Canada to assemble, which would not result in any development of Canada’s technology or supply chains. “They want to control the tech stack and then use control of that tech for geopolitical dominance and leverage,” he said.
Opposition To Stellantis’ Plans
Korvig isn’t the only one who has expressed opposition to Chinese EVs in …
This post was originally published here
