.jpg)
1 hour ago
2
Article content
BYD Co. is opening some 20 sales locations with partners in Canada this year as the country’s government is considering Chinese auto-industry investments to reduce dependence on the United States.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
“The overture of Canada is a very important one,” Alfredo Altavilla, a former Fiat Chrysler Automobiles manager who now advises BYD in Europe, said in an interview in Paris. “We immediately took action to establish a sales network there.”
Article content
Article content
Article content
Canada has been courting Chinese investments to bolster its car industry amid a broader trade deal with Beijing. In January, the government agreed to allow in as many as 49,000 Chinese-built electric vehicles a year, after previously keeping them out with high tariffs.
Article content
Last month, BYD said it’s actively considering building a factory in Canada, while also keeping its options open to acquire a more established global automaker.
Article content
The company has also been expanding in Europe, where it’s among a range of Chinese brands increasing sales with affordable electric and plug-in hybrid models.
Article content
With assistance from Brian Platt and Daniele Lepido.
Article content
Article content
Advertisement 1
English (US)