Back in 2020 the United States-Mexico-Canada (UCMCA) free trade agreement came into effect and has been undergoing a rigorous "interpretation" period ever since.
So what's the rub? 2 conversations are ongoing.
Canadian leadership says a decision will come soon regarding the regional dispute.
What else is new with Canada? Well, they increased their EV sales by 35% this year. 1 in 14 vehicles bought in Canada is an EV, while in the same period in 2021 was closer to 1 in 20.
The country is pushing to electrify 60% of total sales by 2030, with a complete ICE ban after 2035. Currently, around 80 BEVs are for sale with an average price of over $80K. However, the existing $5,000 rebate incentive only applied to models below $55K.