It will definitely have an impact on the market.
From a technology standpoint—and I have seen this as well, working in the industry—Chinese EVs compete significantly when it comes to cost. They can offer a lot more features per dollar compared to North American vehicles. For example, the starting price point of a BYD Seagull electric vehicle with significantly more features compared to North American vehicles is at around $22,000. It will definitely have an impact.
Of course, having cheaper electric vehicles available in the market would be beneficial to consumers. We can't just open it up without any conditions on it. When it comes to owning Canadian IP and also having the universities involved, that will open up the market to us.
To answer your question, yes, it will definitely have an impact on the market.
