Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
The Shanghai auto show, the largest in China since before the pandemic, had one theme: The dominance of electric vehicles in the world’s largest car market is here to stay.
The intense competition among the country’s huge number of start-up carmakers has unsettled what had been a pillar of the economy in the last few years.
Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
To tackle climate change, we’ll need to plug in millions of cars, trucks, home heaters, stoves and factories.
To tackle climate change, we’ll need to plug in millions of cars, trucks, home heaters, stoves and factories.
Domestic companies are now selling more vehicles than their multinational rivals, which have failed to keep up with Chinese consumers’ demand for electric cars and S.U.V.s.
The administration’s push to supercharge E.V. sales must now surmount resistance from manufacturers and consumers as well as likely legal challenges.