The Financial Post reports in its Saturday, Oct. 10, edition that Geely Automobile Holdings will launch in Canada next year, becoming the first Chinese mass-market electric vehicle maker in North America.
A Bloomberg dispatch to the Post reports that Geely is establishing a retail and service network in Canada ahead of its 2027 launch. The company, which owns premium EV brands like Zeekr and Lynk & Co, did not specify a sales start date or available models.
The move marks a significant step after Ottawa and Beijing reached an agreement in January to allow a limited number of Chinese EV exports to Canada. As trade disputes deepen with the U.S., Prime Minister Mark Carney's administration is looking to forge new alliances, including by allowing Chinese automakers in and hoping to attract investments from them.
Chinese automakers are rapidly expanding globally, except in the United States, where high tariffs and restrictions effectively ban their vehicles.
Bloomberg reported earlier this year that Geely was laying the groundwork for entry into Canada. Chinese rivals BYD and Chery Automobile are also wooing dealers and setting up distribution.
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