China trade deal has Canadians looking forward to cheaper electric vehicles

In Canada, there is anticipation surrounding the arrival of Chinese electric vehicle brands like BYD, Geely, Nio, and Xpeng. Both supporters and opponents of these vehicles hope that their entry into the market will lead to lower EV prices, addressing consumer concerns about affordability. This development follows a milestone trade deal between Canada and China, facilitating the establishment of sales locations for these companies in Canada.