Industry Minister Mélanie Joly says she will be meeting with four Chinese companies that are considering building electric vehicles in Canada when she visits China this week in an effort to attract investment to this country’s auto sector.
The four companies – BYD, Chery, Geely and Shanghai Launch Automotive Technology – have been examining possible investments in Canada, Ms. Joly said in an interview. Shanghai Launch’s proposal includes a partnership with British automaker Austin Motor Co., she added.
Canada is a very small market, without US access the ChiComs will just smile and wave at Joly but if she offers to subsidize China’s slavers with tax payer dollars they might perk up a bit.
