Canadian Prime Minister Mark Carney announced Friday that his country will slash its 100% import tax on Chinese EVs to just 6.1%, paving the way for companies like Geely, BYD, Xiaomi, and others to establish a second foothold in the North American automotive market. Canada is not going all-in on Chinese EVs, though. The country will initially cap annual imports at 49,000 vehicles. That cap will slowly increase to about 70,000 in around five years, according to the Associated Press . It’s a