• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Lotus to leverage reduced EV import tariffs in Canada

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Geely subsidiary Lotus is set to become the first Chinese electric car brand to enter the Canadian market under the significantly reduced tariff rate of 6.1 percent, according to CEO Feng Qingfeng. The Canadian market is expected to offset Lotus’ business in the Middle East, which has become weakened by the US-Iranian war. Read more…

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