China and the US have agreed on a new deal that could pave the way for the importation of lower-priced electric vehicles (EVs) into North America. As part of the agreement, Chinese automakers may be allowed to export EVs to the US and Canada, potentially making them more accessible to a wider range of consumers. Industry experts predict that this could lead to a surge in the availability of affordable EV options for buyers, with several models from Chinese manufacturers such as Geely, Great Wall, and BYD potentially making their way to local markets. With prices expected to be significantly lower than those of current EV offerings from established brands, this development could be a game-changer for the electric vehicle market.
Five lower-priced EVs we could possibly get with the new China deal The Globe and Mail