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Stock impact report

Canadian car buyers more open to BYD, Chinese EVs, than in US: Poll [USA TODAY]

BYD CO LTD UNSP/ADR (BYDDY) 
NASDAQ:AMEX Investor Relations: byd.cn/bydenglish/investor
Company Research Source: USA TODAY
Fifty-three percent of Canadians said knowing an EV was made in China would have no effect on their car purchasing decision, according to a new poll by Nanos Research Group for Bloomberg News. The survey included 1,009 Canadians. The number sharply contrasts a Jan. 12 poll conducted by EVs for All America, an advocacy group that works with car manufacturers to push U.S. and state lawmakers to adopt EV-friendly policies. It showed 54% of 600 potential EV buyers in the United States said they had an unfavorable opinion of Chinese car brands The findings come after China and Canada announced a recent deal to allow thousands of the Chinese-made EVs into the North American country. Under the agreement, Canada will allow up to 49,000 Chinese electric vehicles into its market, with the so-called "most-favored-nation" tariff rate of 6.1%. Canadian Prime Minister Mark Carney 's office said the amount of Chinese EVs it will allow to be sold in Canada "corresponds to volumes in the year p Show less Read more
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