Pinned post
Five facts about the Canada-US auto trade relationship:
1⃣ The US has an automotive trade surplus with Canada.
1⃣ The US has an automotive trade surplus with Canada.
Latest posts 5
Fact: Ford, GM and Stellantis are the largest investors, employers and innovators in Canada’s auto manufacturing industry.
➡️ Total investment in Canada of $11.5 bn since 2022
➡️ Over 20K direct jobs across 24 facilities
➡️ 8 R&D centres
theglobeandmail.com/canada/article…
➡️ Total investment in Canada of $11.5 bn since 2022
➡️ Over 20K direct jobs across 24 facilities
➡️ 8 R&D centres
theglobeandmail.com/canada/article…
www.theglobeandmail.com Deeper EU ties to open more partnerships for Canada’s auto sector, Carney says Prime Minister declines to say whether Ottawa was any closer to welcoming Chinese investment in the sector Ford’s reopened Oakville truck plant gears up to supply U.S. market
Total investment: $5 bn 🇨🇦
theglobeandmail.com/business/artic…
Total investment: $5 bn 🇨🇦
theglobeandmail.com/business/artic…
www.theglobeandmail.com Ford’s reopened Oakville truck plant gears up to supply U.S. market About 2,000 workers are back on the job and vehicles are already being shipped south of border Chinese EVs are “affordable” because of weak labour and environmental laws, massive government subsidization and significant domestic overcapacity.
➡️ The average hourly wage at a Chinese auto plant is approximately USD $1.93-4.27 (Reuters). In comparison, unionized auto plants in Canada pay an average hourly wage of CAD $44.52 plus pensions and benefits.
➡️ China’s electricity grid, a key input into EV manufacturing, is heavily reliant on coal (60% of generation). Canada’s electricity grid draws over 80% of power from renewable and non-emitting sources.
➡️ China's state-directed industrial policy provided over USD $230 billion in subsidies between 2009 and 2023 (CSIS). Today, China’s auto production overcapacity exceeds 20 mn vehicles annually.
➡️ The average hourly wage at a Chinese auto plant is approximately USD $1.93-4.27 (Reuters). In comparison, unionized auto plants in Canada pay an average hourly wage of CAD $44.52 plus pensions and benefits.
➡️ China’s electricity grid, a key input into EV manufacturing, is heavily reliant on coal (60% of generation). Canada’s electricity grid draws over 80% of power from renewable and non-emitting sources.
➡️ China's state-directed industrial policy provided over USD $230 billion in subsidies between 2009 and 2023 (CSIS). Today, China’s auto production overcapacity exceeds 20 mn vehicles annually.
Visited Chery’s plant in China to discuss their upcoming models and hear about their plans to introduce affordable EVs to Canadians. I also discussed research and innovation they’re doing with universities like Concordia and the University of Toronto.
They’re working with Canadian technology, too. Blackberry’s QNX technology will power the cars they want to bring to the Canadian market.
🇨🇦
J’ai visité l’usine de Chery en Chine pour discuter de ses prochains modèles et de son projet d’offrir des véhicules électriques abordables aux Canadiens. J’ai aussi parlé des travaux de recherche et d’innovation qu’elle mène avec des universités comme Concordia et l’Université de Toronto.
Chery travaille également avec des technologies canadiennes. La technologie QNX de BlackBerry équipera les voitures qu’elle souhaite offrir sur le marché canadien.View quoted post on X
This @globeandmail article outlines the many problems with public EV charging infrastructure in Canada. Add poor reliability and inconvenient charger locations and you get the picture.
Widespread EV adoption won’t occur until the charging network is comprehensive and reliable.
theglobeandmail.com/investing/pers…
Widespread EV adoption won’t occur until the charging network is comprehensive and reliable.
theglobeandmail.com/investing/pers…
www.theglobeandmail.com Frustrated with public EV charging options? Globe readers have thoughts Last month, I discussed my own annoyance with charging infrastructure. Turns out, I’m not alone