China’s Geely Automobile to enter Canadian EV market next year

Skip to Content News Archives Economy Defence Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Defence Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Defence Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeNewsChina’s Geely Automobile to enter Canadian EV market next yearChinese carmakers are expanding aggressively to markets around the world, with the notable exception of the U.S.Author of the article:A Geely Galaxy Light 2nd Generation Concept displayed at the Auto China 2026 in Beijing, China, on April 24, 2026. Photo by Qilai Shen/BloombergGeely Automobile Holdings Ltd. plans to launch in Canada next year, positioning it be the first Chinese mass market electric vehicle maker to establish a presence in the North American market.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe 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 ARTICLESSubscribe 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 ARTICLESCreate 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 accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe carmaker has begun setting up a retail and service network in the country ahead of the 2027 start, according to a company statement Friday. Geely, which owns premium EV brands including Zeekr and Lynk & Co as well as more affordable offerings, didn’t specify a start date for sales or which models would be available.This advertisement has not loaded yet, but your article continues below.The move marks a significant step after Ottawa and Beijing reached an agreement in January to allow a limited number of Chinese EV exports to Canada. As trade disputes deepen with the United States, Prime Minister Mark Carney’s administration is looking to forge new alliances, including by allowing Chinese automakers in and hoping to attract investments from them.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againChinese carmakers are expanding aggressively to markets around the world, with the notable exception of the U.S., which has steep tariffs and restrictions on connected vehicles in place that essentially ban Chinese vehicles from America.Bloomberg reported earlier this year that Geely was laying the groundwork for entry into Canada. Chinese rivals BYD Co. and Chery Automobile Co. are also wooing dealers and setting up distribution.Bryan Wu, managing director of Geely Auto Canada, said in the statement that the automaker was making a “long-term commitment” to the country. “Canada represents an important next step in Geely Auto’s international growth.”With weak domestic demand, there’s even more incentive for Chinese manufacturers including Geely to expand overseas to offset contracting sales at home. Geely Auto’s domestic sales in the first nine months of this year fell 23 per cent to 1.4 million vehicles while exports surged 169 per cent to 798,000, according to a note by brokerage UOB Kay Hian.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.