We have to acknowledge that Chinese EVs are better quality and much better value than any other vehicles in the world, including Japanese and European models.
In fact, Chinese EV exports increased by 77% during the first three months of the year. A huge number are being sold in the U.K. The EU has imposed tariffs. Chinese manufacturers are setting up facilities in Spain.
I think both North American and European automakers are a bit complacent and lazy. They haven't developed high-quality, low-cost vehicles. I drive a Volkswagen ID.4, and I can tell you that it cost much more than similar Chinese vehicles.
We have to stimulate competition, and we have to do it while trying to create as many jobs as possible in Canada.
