‘The consumer is winning': Winners and losers of the Canada-China EV deal [BNN Bloomberg (Canada)]
General Motors Company (GM)
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Source: BNN Bloomberg
While Canadian automakers are sounding the alarm — or honking the horn, in this case — that the deal could threaten Canadian auto jobs and the domestic EV supply chain, some Canadian car dealership owners believe it is a win for consumers, who could get good quality electric vehicles for an affordable price. While Canadian automakers are sounding the alarm, or honking the horn in this case, that this is a deal that will threaten Canadian auto jobs and its own EV supply chain -- some Canadian car dealership owners believe this is a big win for consumers who can now get good quality electric vehicles for an affordable price. “I think having more options will bring the price down in the general market,” said Nazar Novolskyy, co-owner of Favorit Motors, a used-vehicle dealership in Toronto. “I think there's (going to) be a huge shift, but I think the consumer will win either way -- whether the customer is looking specifically for a Chinese car or willing to explore that option, I t
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