China's Geely, the parent company of Lotus, is set to make a significant move into the Canadian market with the shipment of its first electric vehicles (EVs) to the country in July. This development comes as part of a high-profile deal between Canadian Prime Minister Justin Trudeau and Chinese President Xi Jinping, which was brokered by former Bank of England Governor Mark Carney. The agreement aims to strengthen economic ties between the two nations and promote the adoption of electric vehicles. With the introduction of Lotus EVs to Canada, Geely is likely seeking to capitalize on the growing demand for eco-friendly vehicles in the North American market and solidify its position as a major player in the global automotive industry.
Exclusive-China's Geely to ship first Lotus EVs to Canada in July under Carney-Xi deal, ambassador says Yahoo! Finance Canada
