Canada Eyes Joint Venture to Build Chinese EVs for Global Export (www.bloomberg.com)

submitted 1 week ago by schizoidman@lemmy.zip to c/canada@lemmy.ca

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cross-posted from : https://lemmy.zip/post/58606457

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

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[-] Scotty@scribe.disroot.org 1 points 6 days ago

there can be local supply chains in Canada that are created out of these investments

I don't think so.

Chinese companies bring their own migrant workers - who then work under slave-like conditions as we have seen in Brazil's BYD plant last year, to name a recent example.

And they also have fully integrated supply chains, meaning they purchase their parts from Chinese suppliers.

The only thing it does is to create hurdles for Canada to rebuild its own car industry.

If Canada want to really create supply chains, it must create ventures with European, Japanese, South Korean producers.