Canada Scraps 100% Tariff on Chinese EVs, Tesla First Beneficiary
Tesla and brands controlled by Zhejiang Geely Holding Group Co. will likely be the first beneficiaries of Canada’s move to slash import tariffs on made-in-China electric vehicles.
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Tesla and brands controlled by Zhejiang Geely Holding Group Co. will likely be the first beneficiaries of Canada’s move to slash import tariffs on made-in-China electric vehicles.
The pace of vehicle OTA updates accelerated significantly in 2025, with the cumulative number of updated functions rising 36.7% YoY.
Rongbay stated in response that the figure of “RMB 120 billion” was based on the company’s own estimate derived from a supply volume of 3.05 million tons.
From 2022 to 2024, deliveries fell from 93,300 units to 56,900 units, before dropping below 50,000 units in 2025 for the first time.
The i6 vehicles experiencing battery failures are all equipped with power batteries supplied by CATL.
Future Leapmotor models launched in Europe could be developed directly on existing Stellantis platforms, such as STLA Medium and SmartCar.
The achievement sets a new benchmark for pure electric vehicles and surpasses records held by XPeng and Xiaomi’s own YU7.
China’s auto exports surged 73% YoY to 990,000 units in December 2025, bringing the annual total to 8.32 million units with a 30% increase.