Kanada plant Joint Venture zum Bau chinesischer Elektrofahrzeuge für den globalen Export

>Canada’s government is working to land a Chinese-Canadian auto plant that will export electric vehicles globally, Industry Minister Mélanie Joly said.

>She said Canadian auto parts firms such as Magna International Inc., Linamar Corp. and Martinrea International Inc. already have operations in China, and could participate in a joint-venture assembly plant in Canada.

>“We believe that these great Canadian champions can partner with Chinese EV companies to make a Canadian-Chinese car to export it around the world,” Joly said in an interview with Bloomberg News on Friday.

>The overtures to Chinese automakers mark a turnaround for the Canadian government as it looks to reduce dependence on the US market for cars and build a stronger domestic industry. Canada had previously said China was unfairly subsidizing its manufacturers, while security concerns have been raised over the vehicles’ technology.

>“We can find a way to have software in the car that will address the security concerns,” she said. “We think we’re able to have labor standards that are in conformity with what we accept and expect in Canada, and that there can be local supply chains in Canada that are created out of these investments.”

>Joly said there are “active conversations” on how domestic firms might complement new Chinese investment into Canada’s auto sector, including with software developer QNX, which is headquartered in Ottawa and owned by BlackBerry Ltd. On a recent trip to China, Joly met with Chinese auto firms BYD Co. Ltd., the world’s largest producer of EVs, and Chery Automobile Co.

>“I’ve already raised the fact with many Chinese companies that QNX is a state-of-the-art company that we could scale even more around the world,” she said.

>The minister argued that a co-created EV could still be competitive globally despite the higher labor costs of building in Canada compared to China. She pointed to Honda Motor Co., which builds its affordably priced Civic car in Ontario, as an example. “We can find a way to square the circle,” she said.

i can’t wait for the all caps essay trump is going to write

Trump is going to poop himself again when someone reads this to him.

I won’t buy it not because it’s Chinese but because it’s an EV. No thank you.

Apparently China is also going to ban Ice Hockey in Canada

That’s going to piss little Donny off. Go for it Canada

I can’t wait to hear about how Mr „We don’t need Canada“ loses his shit at this.

100%. We will stand on our own two feet.

The previous deals we had with the US carmakers was terrible. Various levels of government would provide so many subsidies on an ongoing basis that we were essentially paying salaries to ourselves. Even then, we proved to ourselves and others to that Canadian workers were top performers, capable of making outstanding products

Then Trump came along and said that everything is zero sum and we will be on the short end of any deals in perpetuity because we are the smaller and weaker partner. Not only that, but the terms of any deal could be changed by him, unilaterally and at any time

Things will not just get better once he is out of office. His administration is both a cause but also a symptom of a more persistent decline in the US

It’s time to pivot to new partnerships and alliances

Too much winning for America.

The Canadian alt-media spaces are going to go ballistic. With anyone with family that’s fallen down that rabbit hole the last 8+ years has been „Trump is fighting China for the good of the world“ as a justification for every act of aggression Trump has made against NATO and our allies.

This is going to be red meat for them.

Not that we shouldn’t do it, there are going to be crazies kicking up a stir though.

Big W

Go Canada go.

Are they going to pay the workers the same at the workers in China?

The Trump admin wants to destroy all of Canada USA manufactured vehicle building in Canada

So why not do it with other countries like China

Either way it would be good leverage to have in the trade negotiations with USA

Export to where, that is the real question.

Now isn’t this a big FU to the US. I love it!

Paywalls are of Odium. 😒

How does that make sense for a country like China that has death nets so employees can’t commit suicide be able to turn a buck in a country like Canada if manufacturing was moved here?

Sounds good.  To make it work, we will need to allow vehicles complying with UNECE standards to be sold in Canada even if they don’t comply with FMVSS standards.  Otherwise domestic market vehicles would need to be different from export market vehicles and the economics won’t work.