Canada Eyes Joint Venture to Build Chinese EVs for Global Export

submitted by schizoidman to canada 27 points | 3 comments https://www.bloomberg.com/news/articles/2026-02-06/canada-eyes-joint-venture-to-build-chinese-evs-for-global-export cross-posted from : lemmy.zip/post/58606457 archive.is/FSeUr > Canada’s government is working to land a Chinese-Canadian auto plant that will export electric vehicles globally, Industry Minister Mélanie Joly said. > Canadian auto parts firms such as Magna International Inc., Linamar Corp. and Martinrea International Inc. could participate in a joint-venture assembly plant in Canada with Chinese EV companies. > “We believe that these great Canadian champions can partner with Chinese EV companies to make a Canadian-Chinese car to export it around the world,” Joly said in an interview with Bloomberg News on Friday. > “We can find a way to have software in the car that will address the security concerns,” she said. “We think we’re able to have labor standards that are in conformity with what we accept and expect in Canada, and that there can be local supply chains in Canada that are created out of these investments