Geely Automotive Sets Sights on Canadian Market After Securing Tariff Exemption Agreement

LootboxPhobia · 2026-03-19T00:59:15+00:00

China's Geely Automobile is planning to enter the Canadian market while awaiting official certification. Geely is not only focusing on Canada but also considering expansion into Brazil, South America, Eastern Europe, and Southeast Asia. This expansion is driven by the Canadian government's support for Chinese electric vehicles and the exemption of certain tariffs, which is attracting more Chinese automakers to invest. Other brands such as BYD and Chery are also exploring development opportunities in Canada.

LootboxPhobia

2026-03-19 00:59:15

Abstract generation in progress

Investing.com – Geely Automobile Holdings Limited of China is preparing to enter the Canadian market, after the country reached an agreement earlier this year to open its market to electric vehicles from China.

According to CEO An Conghui of the parent company Zhejiang Geely Holding Group, the automaker is awaiting official certification from Canada for Geely-branded vehicles.

“We are not only considering the Canadian market but also Brazil, South America, Eastern Europe, and Southeast Asia,” said An Conghui. “Geely’s globalization is currently mainly through exports, but we will seek local production.”

This move comes after Prime Minister Justin Trudeau’s government created pathways to support the Canadian manufacturing sector for Chinese vehicles and investments. In January, Canada agreed to exempt up to 49,000 Chinese-made electric vehicles annually from the 100% tariffs that will be implemented in 2024. Ottawa has been seeking to attract Chinese automakers by establishing joint ventures with Canadian companies.

Other Chinese automakers are also exploring opportunities in Canada. BYD Co. Ltd. has stated that it is actively considering building a factory in the country. According to a January report by The Globe and Mail, Chery Automobile Co., China’s largest auto exporter, has begun recruiting staff in Canada to establish operations there.

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