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    HomeGreen LivingGreen VehiclesWill Trump blow up Canada's $50 billion EV sector?

    Will Trump blow up Canada’s $50 billion EV sector?

    Canada has secured more than $50 billion in EV-related investment over the past three years, all gearing up for US demand, with Canada’s economy “deeply intertwined” with the US – but Trump may throw a major wrench into the plan.

    As newly elected president Donald Trump soon returns to the White House, Canada is now facing a mountain of worries and what-ifs, particularly in the auto sector, from possible new tariffs on Canadian-made vehicles to a breakdown in electrification policy, shifting the market completely. Plus the country could see 60 years of “cross-border automotive consensus” come to a screeching halt, reports Automotive News in an in-depth look at the issue.

    “We’re so intertwined. Half of the vehicles made in Canada are made by American companies,” Flavio Volpe, president…

    Read the full article originally published at electrek.co.

    Electrek
    Electrekhttps://electrek.co
    News, reviews, and analysis of the electric vehicle market. We provide coverage of the entire sustainable ecosystems and related products.
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