Tesla gets Model 3 sales boost in Canada after Carney’s China deal

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Photo by STR/AFP via Getty ImagesTesla Inc. enjoyed strong sales of its Model 3 vehicle in Canada during the third quarter as shipments began to arrive from China this year, according to a report from DesRosiers Automotive Consultants Inc.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 automotive market research company also attributed the bump in sales to Tesla’s “aggressive Canadian pricing,” with some trims priced 25 per cent lower than in the United States.This advertisement has not loaded yet, but your article continues below.Chinese-made electric vehicles started entering Canada again in the spring, after Prime Minister Mark Carney struck a deal with President Xi Jinping to allow as many as 49,000 EVs into the country in a 12-month period at a reduced tariff rate of 6.1 per cent. Prior to that, Chinese EVs were essentially blocked from the market by a 100 per cent surtax that Canada implemented in 2024.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 againCarney has said that in the short term, most of vehicles shipped under the quota will be Teslas.Government data shows nearly 16,000 EVs have arrived from China since May, with half of those priced below $35,000.Tesla’s overall third-quarter sales were stronger than expected, delivering 486,532 vehicles the worldwide. The results were encouraging for the company as it grappled with competition in China and sluggish demand in the U.S.We apologize, but this video has failed to load.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.