On March 20, according to a report by Carscoops, Geely has initiated preparations to enter the Canadian market and could begin local sales as early as this year, setting up direct competition with BYD. The report noted that both companies are seeking to become among the first Chinese new energy vehicle brands to enter Canada. At the same time, Tesla is also competing for policy advantages, aiming to secure a significant share of an initial quota of about 24,500 vehicles eligible for lower import tariffs. BYD Dolphin Geely Holding Group President An Conghui said the company expects to complete Canadian certification procedures soon, paving the way for official market entry. He added that Canada is only part of Geely’s broader global expansion strategy, which also includes Brazil, South America, Eastern Europe and Southeast Asia. At present, Geely is primarily relying on exports to expand internationally, with localized production to be considered in the future. Notably, Geely has already established a presence in Canada and the United States through its Polestar and Volvo brands. Geely-backed Volvo XC60 In recent years, Canada imposed tariffs of nearly 100% on Chinese-built vehicles, effectively limiting direct exports. However, the policy environment is now shifting. Earlier this year, China and Canada reached a new trade arrangement. It allows up to 49,000 China-made battery electric vehicles to enter the market at a reduced tariff of about 6.1%, with the quota expected to rise to around 70,000 units annually in the future. Geely Galaxy M9 As restrictions ease, several Chinese automakers are accelerating their plans. In addition to Geely and BYD, Chery is also preparing to enter the Canadian market and has begun local hiring to support operations. Latest data shows Geely exported 60,879 vehicles in February, up 138% year-on-year. According to its plans, Geely targets overseas sales of 640,000 units in 2026, up 52% year-on-year, and aims to establish more than 1,300 global retail outlets.
