For about a year CTH has predicted Chinese auto manufacturers BYD and GEELY would take over shuttered auto plants in Canada. Specifically, six months ago, against the backdrop warning of Stellantis, Toyota and Honda telling the Canadian government that without the USMCA they would shift auto production to the USA, CTH predicted BYD and GEELY would make moves on those closed facilities.
The move by China is easy to predict. Prime Minister Mark Carney has opened the door to Chinese EVs. It would be in Beijing’s best interest to retool and take control of closed plants to begin mass production in North America.
Chinese EV manufacturing in Canada serves two purposes.
First, they would not be limited in production to the cars that remain in Canada as part of the agreement. Factually, China would use their Canadian footprint as an export hub into Europe and save money on current distribution. Remember, Europe is losing their auto manufacturing base to China and Germany is laying off 100,000+ auto workers.
Second, the appearance of Chinese auto manufacturing in North America would put pressure on the United States to permit their cheap EVs to enter the market.
Today Bloomberg is reporting exactly what we predicted. Chinese automaker BYD (Build Your Dream) is asking local officials about the currently idled Stellantis auto plant. Things are following a very predictable timeline.
BLOOMBERG – Chinese carmaker BYD Co. inquired about taking over an idled Stellantis NV plant in the Toronto suburbs, according to a local politician, signaling possible global interest in Canadian auto hubs in the midst of a trade battle with the US.
Patrick Brown, the mayor of Brampton, Ontario, said BYD approached him about six months ago to talk about making buses at the factory. Stellantis had been retooling the plant to manufacture the Jeep Compass, but the company halted that plan last year when the US adopted a policy of tariffs on foreign autos.
Brown said he also received inquiries from Leapmotor International, a joint venture between Zhejiang Leapmotor Technology Co. and Stellantis, as well as from an Italian automaker. Bloomberg News reported in April that Stellantis was discussing options for building electric vehicles in Canada with Leapmotor.
Most of the vehicles Canada produces are exported to the US, but the trade war and the lack of a new product earmarked for the 40-year-old factory have clouded the future for thousands of people who work there. Unifor, the union representing those workers, said this month that Stellantis is considering selling the plant. (read more)
I went to Russia in 2024, because what I was hearing in western media about the sanctions did not align with what I was seeing from reports inside Russia.
Before I went into Russia, I spent several weeks in Northern and Eastern Europe visiting various institutions, reading material and checking to see how systems in Europe were engaging with commerce given the Russian sanctions. It wasn’t very exciting work, and sometimes I literally just sat in the lobbies of banks listening to conversations.
When I went into Russia (April, May, June and July ’24) I noticed many of the “Uber cars” were BYD brand, Chinese electric vehicles. It made sense given two years of existing sanctions and few cars from Europe or America available except under costly brokerage fees for acquisition.
The Russians like the Geely brand better, but BYDs are much cheaper. A brand new BYD costs around $5,000 to $10,000 USD, in some places even less.
Then later I noticed even more of these BYD cars in Europe. I started to pay attention to them and saw them everywhere.
When I went back into Russia a year later in 2025, there was a very noticeable increase in BYD cars. It was crazy, they were everywhere.
My travels also took me to southeast Asia and again those damned BYD’s were all over the place. In Thailand, Philippines, Malaysia, Vietnam, these BYD’s were everywhere, maybe even 30% of total vehicle traffic at times – most certainly well over 50% of all EVs – and there are digital billboards for “Build Your Dream” (BYD) all over the place throughout Asia.
Australia is stocked full of those things, and the middle east, yup, even there too. It became increasingly weird to notice. So many were visible I was wondering how the heck China can mass produce and ship this many cheap EVs so fast.
Then as serendipity would have it, I ran into a Chinese guy, professionally an actuary, in a hotel restaurant. He explained to me that China produces the BYD not to make money from the automobile, but rather to sell the carbon credits the automobile generates within the auto industry.
The actual value to Beijing is in selling the carbon credit worthiness to various automakers who are fined or penalized by their government for producing gasoline powered vehicles.
BYD is, in essence, not a car per se’, but a mechanism to generate a carbon credit certificate that can be sold to other car companies. It’s the carbon credit certificate that generates the revenue, not the sale of the vehicle. As my dinner guest explained, the auto insurance industry was having fits about this because the actuaries couldn’t accurately put a correct figure on the cost of the insurance warrantee within the industry (that’s another story).
The bottom line is that China is manufacturing a product to create a carbon credit certificate in response to the demand for carbon credits from all the world auto-makers. Any nation that has a penalty or fine attached to their climate goals is a customer. Those are nations with fines or quotas associated with the production of gasoline powered engines if the auto company doesn’t hit the legislated target for sales of electric vehicles.
In essence, EU/AU/CA/RU/ASEAN car companies buy Chinese car company carbon credits, to avoid the EU/AU/CA/RU/ASEAN fines. The Chinese then use the carbon credit revenue to subsidize even lower priced Chinese EVs to the EU/AU/CA/RU/ASEAN car markets, thereby undercutting the EU/AU/CA/RU/ASEAN car companies that also produce EVs.
Big Panda brilliantly exploits the ridiculous pontificating climate scam and has an interest in perpetuating -even emphasizing- the need for the EU/AU/RU/ASEAN countries to keep pushing their climate agenda. China even goes so far as to fund alarmism research about climate change because they are making money selling carbon credit certificates on the back end of the scam to the western fear mongers. This is friggin’ brilliant.
My dinner buddy was in the business of identifying the cost/benefit equation between the climate change fines and the prices Big Panda could charge for the carbon credit certificates. If, as an example, Brussels dropped the quotas for EVs, China would need to lower the price for the carbon credit certificates. So, Beijing wants Brussels to make sure they don’t drop the quotas. See how that works?
The climate change alarmists are helping China’s economy by pushing ever escalating fear of climate change. You just cannot make this stuff up.
What does the outcome look like?
Well, in this example we see thousands of unsold BYDs piling up in countries that emphasize climate regulations with no restrictions on the import of EVs (which most don’t even manufacture), which is almost every country. Big Panda doesn’t care about the car itself; they care about generating the carbon credit certificate to sell in the various carbon exchanges.
Put this context to the recent announcement by Canadian Prime Minister Mark Carney about his trade deal with China to accept 49,000 EVs this year.
Prime Minister Carney bragged about getting the Chinese to agree to only super low prices for the Canadian market. Mark Carney was very proud of his accomplishment to get much lower priced vehicles for Canadian EV purchasers. No doubt Big Panda left the room laughing as soon as Carney made his grand announcement.
1. China sells EV’s in Canada, creating credits available on the carbon exchange scheme. Europe et al will purchase the carbon credits because Bussels has fines against EU car companies.
2. With a foothold already established in Europe, China will then take the money generated by the carbon credit purchases and lower the prices of the Chinese EV cars sold in Canada.
It’s gets funnier.
3. Carney bragged about forcing China to only sell low price EV’s as part of the trade agreement. The low price of the EV’s in Canada will be subsidized by Europe. China doesn’t pay or lose a dime.
But wait….
4. Carney can’t do anything about the scheme he has just enmeshed Canada into, because Canada has a Carbon Credit exchange in law. 😂🤣😂
Big Panda wins again.
[…] In a statement published Thursday, BYD said sales of its battery-powered cars rose nearly 28% to 2.26 million units.
Musk openly laughed at the mention of BYD while being interviewed on Bloomberg TV in October 2011. He said he did not see the company as a competitor to Tesla, adding: “I don’t think they have a great product.” Meanwhile, Tesla said Friday it delivered 1.64 million vehicles in 2025. [SOURCE]
Elon thinks BYD are building cars. They aren’t.
Great. MORE non-Americans showing up to take jobs away from American citizens. Perhaps we should halt immigration from Canada.
What I don’t understand is, in cities, where most people live in apartment buildings with no off-street parking, where is someone supposed to plug these things in?
I suggest that is the wrong lens to look through. It’s one thing to have foreigners show up who are unproductive workers. It is completely different if they are bringing a business with them that will create more jobs. There is a big distinction between having millions cross the southern border and immediately take welfare vs those coming with a business plan in place.
Sundance has said that the BYD company gets “carbon credit” money from the government for each one that they make. That’s where they make their money.
It sounds like a Canadian-Chinese money laundering operation to me. The elites will get their share and the BYDs will end up in a landfill or shipped to another country at some point.
The cars will pile up and go unsold. Then into the landfills. Doesn’t Canada see their stupidity ? How Green is their valley – a mirage
This is, shall we say an error . the 10000 per month is emigration from Canada to every destination country not just the USA. the figure is more like 1300 per month and they are not all leaving just to set up businesses.
The story about Chinese auto makers possibly bidding on the shuttered auto plants in Canada is entirely predictable. Moving Canadian auto production to the USA, which is exactly what Pres. Trump wants, and is going to obviously create shuttered auto plants. what happens to those plants? Are they moved lock, stock and barrel to the USA? No the US plants expand or build new ones elsewhere in the US.
”BYD is, in essence, not a car per se’, but a mechanism to generate a carbon credit certificate that can be sold to other car companies” Whoever dreamt this scam up it is the real reason non EV car makers are in trouble world wide
Xi and Carney are in the early stages of their relationship concerning credits…
Carbon dating 🙂
‘Tis a shame there are no more drive-in movie theaters for them! 😉
Back in the day, I was banned from drive-ins…
They were afraid I would ruin the end of the movie for everyone…
My car had a spoiler 🙂
you had a trunk full of your friends and that spoiled all the fun.
I remember my sister riding in the trunk of one of her friends cars to go to the drive-in because we were a family of 8 kids, and none of us had money to go to the drive-in!
Those were the days. Hanging those speakers on the car window.
Me too.
Then Drive-Ins didn’t disappear, they just moved to the southern border.
Daylight Saving Time killed the drive-in theaters.
A brilliant idea—drive-ins theaters with plug-ins for BEVs!
Carbon dating… well played.
green body. built in whole or in parts. Assembled and distributed in Canada. This is not a new industrial process.
byd will likely continue to manufacture the most precious components…software, electrical devices, switches, batteries and motors. Ship them in modules to canada and have Canada “build them”.
welcome to 2026…uh, well welcome to 1999 when this became the global standard of “production”
example: in mobile Alabama Airbus has a “productions” facility that manufactures A220’s. One of the most important and significant single isle commercial aircraft. Highly efficient. A bread and butter model for passenger flight. And long term supply to a long term demand. But in reality, Absolutely NONE of the components are actually built or even designed in the USA. It is a “finishing” business. Weird as it may seem, it’s cheaper to hire workers to assemble and make ready for flight these A220 class aircraft than in any other part of the world. it has global customers.
Most if not all of this was made possible by major banks paying alabama politicos to favor a tax haven for Airbus. Here is your facility. Hire local and near minimum wage while marketing to workers a way to gain aerospace experience and we give you a renewable tax free advantage that you can’t find anywhere else. Workers need jobs in Alabama. America great again? nope.
what are the alternative? Anyone want to venture how much it would cost to innovate a new class of aircraft that can compete against airbus…Boeing? Spoiler: even IF you had the 400 BILLION to start, how would you convince the Alabama cartel (I mean political aholes), that it is in the best interest of the UNITED STATES to do so?
we work for european gigantic rich people. That’s the truth.
I can give you so many more examples.
I know these things, because I work in this specific industry. But it’s not unique to aerospace.
don’t get me started on how the production of Patriot Missiles actually happens.
God Bless America
noting: I am retiring next year. I am done with this industry. I know I have done a good job and made the best of it. But I also need to find some peace and have the last years of my life knowing I am doing something more than just feeding the chops of the Uber rich. So I return to Louisiana soon and I plan to fish and make my living doing it. Feeding the local people who fed me all my life.
God Bless America
Suzuki did this with Canada in the 1980’s-90’s+. Parts manufactured in Japan were shipped to Canada for assembly, and were sold in the US as Suzuki and Geo.
a pretty popular movie was described to normalize globalism during this time, with a very effective tone/message to qualm the predictable outcomes to workers and economic security of the USA. Hollywood did US all no favor by sending that message on the “big screen”
God Bless America
Come on back! We welcome you back with open arms! I’ve been retired for about two years, and it is all about peace and quiet! You’ll get a lot of that fishing.
Let me guess about the missiles: Are they designed in Israel, components made in several counties such as Iran, North Korea, South Africa and Yemen. Then assembled in Mexico or Libya before being shipped to the US where finishing software is installed and Made In USA decals are added?
🤪
It is not the banks wanting this system. It is Democrat/Communist politicians and RINOs that want the system of deindustrializing us. Banks are just along for the ride. The blame for this is with government. Just like the 2008 crisis. Democrat/Communists forced the banks to loan money to “subprime” borrowers with no money down for homes they could not afford. Only a government could come up with such a stupid scheme.
The smart banks created CDOs which blended good loans with stupid loans. The “greedy” banks bought that paper. The smart banks sold that paper. It almost destroyed the country which is exactly what the Democrat/Communists wanted.
Don’t let any Canadian EVs cross into the US from any other country. Make Airbus use American parts. Make American manufacturing not just assembly strong again. Make America a World Manufacturer again.
I hope that the many new manufacturing plants President Trump is touting are actually building, not just assembling, or ‘finishing’.
Regi,
Could you expand/expound on the Patriot missile production scenario, please?
God bless,
Mike Rock
God bless you, Regitiger, and good luck to you!
Wasn’t that the goal? To destroy non-EV cars? Mission accomplished via regulation and market manipulation.
Who dreamed up “carbon credits,” anyway? A license to pollute.
It doesn’t exist, yet you can buy it and sell it. (Sorta like “fiat money.”)
Carbon is a very common ATOM …
They’re coming here to take advantage of our economy for the most part. They, for the most part, look down their stuck up noses at Americans. Watch how Canadians try to low ball everyone while they are visiting the US. I have a whole bunch of Canadians in my extended family, I know.
54% income tax? Is that the total tax rate? Businesses in Britain have near 75% total taxes, North Sea oil over 80%
Someone has to pay for communism.
someone (you and me) always pay for global interest, where the good of the people are discounted, wrecked to pieces over private wealth “managers”
God Bless America
The carbon credits are payed by taxpayers in all of the countries you mentioned? How is that going to work? China and Europe can’t get any money when the people are BROKE.
Demoncrats will do the same thing here in the United States.
Demoncrats are Socialist/Communists whores. Unfortunately, they’re hell bent on starting another
Great Depression 2.0 on steroids.
When the Canadians come, most will have to enter blue states like WA, MN, MI, NY, VT, NH, and ME. The smart ones will keep moving ’til they hit the red states.
We don’t want them
just in time for the upcoming midterms…the chi-coms election rigging machine is all geared up and their allies here are chomping at the bit
BYD the same company that Warren Buffet was heavily invested in….. the same Warren Buffet that funds Democrats and also made Billions off of EBT via coke and other products his conglomerate owns that sell via Walmart. Color me confused…. Lol.
And Good Old Warren…..fights pipelines so we can use Expensive Railroad Tank Cars to haul oil all over the place.
Warren learned early on being in with Big Government led to getting favors and inside information.
As long as those “in charge” of fixing this keep getting their 30 pieces of silver, it won’t ever change.
Good information as usual Professor! Those Chinese compacts will most likely end up in the junk heap polluting the soil those morons claim to be saving.
They don’t care about the Chinese junk. They only care about their scam carbon trading BS.
The way the hood and headlights are fashioned on those BYD cars…
They look like snake cars!
I see more and more EVs everyday. BYD is popular. I am not in the big city
You’ve nailed this whole charade from the get go. Without your breakdown of how this would play out and the seriousness of the enemy behind it, dismissing Canada as unimportant and feckless would have been an easy default for me. It’s clear now that President Trump was very prepared all that is at stake.
It is not going to happen over night.
Reviving Venezuela’s decayed oil infrastructure will be a costly and multi-year process, meaning a sudden flood of competing oil is unlikely in the short term. Where is the money going to come from?
Are the big US oil firms ready to make a 10-15 year commitment?
My first guess would be that is why we the consumer are still having our eyes gouged out for fuel… at least in places that they can somewhat justify it.
They need to bankroll some $$$ to pay for refurbishment of “their” old equipment in VEN.
I am in one of those places (tourist oriented), fuel prices maxed out here @ 4.69 & are still there, it is about 1$ less about an hour from here. <shrug>
We here have always paid a 50 cent premium for fuel tho, but we also suffer with “over MSRP”, I found this out long ago as I had an issue with a product, MFG sent me coupons to get replacement for “free”, except I still had to pay to get replacement as it maxed as MSRP… so about a 20% vig over MSRP to buy most things.
Cost of living here I guess, one of the reasons I always traveled once a month with a 5-6 hour trip to buy 1K worth of stuff at a Sam’s club, not to mention sales tax free on the food, without having to “fight” over paperwork on tax free status for resale in my business.
The the state makes 7X+ over what I saved in sales tax.
Who do you think initially built that infrastructure before Chavez and Maduro communised it? Yes, the US. It won’t take as long as you think.
Canadians’ heads look funny when they talk. I’ve noticed this strange sensation anytime there are Canadians on the highly rated TV show….South Park:
https://www.youtube.com/shorts/tIzuU5-R-nU?feature=share
Well that wasn’t completely predictable, was it. 😂
Did Elon cover the true source of his laughter with the product comment? After all, didn’t ev credits put Tesla into the picture and make him a lot of money?
How much does one carbon credit certificate cost? China must be making bank on them if they can sell BYDs for 5 grand. I wonder how long this lasts before it all comes crashing down?
you ask a simple question. I respond with a reality of the situation best delivered by an old but very real joke (isn’t the best jokes both funny but also very real and thoughtful…and usually harbored by the hard tragedy that only shakespeare in his best could only predict):
amazon is hiring a new position to advise the president to find new way to make more money
interviewer: send in the math guy
Interviewer, to the math guy: what is 2+2 ?
math: it’s exactly 4, noting more nothing less.
interviewer: that’s a very good answer
interviewer: send in the statistician
interviewer: what is 2+2?
stat nerd: its’ going to be a range of values from 3.8 to 4.2, give or take due to drift
interviewer: that really is interesting answer
interviewer: send in the accountant.
interviewer: what is 2+2?
accountant: stands up, close the door and locks it. Looks both ways and then leans over the table and whispers:
what do you want it to be?
God Bless America
You just described how Tesla makes money, selling carbon credits not cars.
Warren Buffett’s Berkshire Hathaway (BRK) bought a 10% stake in BYD back in 2008. He paid roughly $230 million. The stock was then trading around HK$8 per share. It’s now worth over HK$1Trillion.
BRK finally sold off its remaining stake in BYD last year. They got a more than 20X return on the investment.
Buffett is a big Democrat supporter. He supported the Green New Deal and opposed the KeystoneXL pipeline. BRK owns BNSF railroad that transports Canadian crude oil since the pipeline was never built.
To add to the railroad story, the Buffet went to 0bama and asked him to not approve the pipeline. One he had that assurance he bought shares in the railroad.
The Buffet is a political hack.
The add further to the story, Buffet first went to Obama and had him put together a federal package to improve railway infrastructure.
Peter Schweizer spelled it out in a column he wrote 14 years ago.
https://reason.com/2012/02/09/warren-buffett-baptist-and-bootlegger/
Sounds like a smart businessman who knows how to get his bread buttered.
I want to address this. Buffet resisted the pipeline because he OWNED rail transportation that he had invested billions. He was not with any pipeline because it would have caused his investment choices a “train wreck” of epic proportions. Understanding that pipeline was going to be both the most effective and profitable asset and not rail, he sold off most if not all of his rail holdings..as any smart investor would do. I would not place buffer as a PROBLEM…he was trying his best to protect his investment and to guarantee that any oil deals would benefit and inspire confidence in rail. As it turns out, given the expenditures of so many oil pipeline eco radical politics of the time..and there were are continues to be politicos who are against rail transport of oil, he folded his investment. He lost a very significant business transactions that would have benefited many growing jobs across many states and the people there of. Instead, pipelines won the day and the jobs became more or less short term construction effects, mostly global corporate long term investors who got paid for doing actually no work, but the investment payoffs for each barrel of oil…mainly benefiting Canada and their then euro financiers, and NOW CHYNA owners.
most of this has been lost to time and a lack of media interests…If you think this was just lack of attention, you would be wrong.
Canada stole the industry to get paid to the Beijing masters.
Buffet, like President Trump …like them or not, both have the pattern of trying their very best to serve the interest and the economic security of Americans.
God Bless America
to wit, Buffet would have as he had planned to renew American rail that would have rivaled the best euro and Japanese and Chinese rail transportation. We lost a great man in that deal. Today, our rail system has not only stalled but has been in retrograde ever since. Buffet has many other plans using rail, not just for human transportation. I miss that opportunity and I am sure that if you examine the plans he had described, you might want to rethink how you portray buffet. He was not just a visionary about investing in solid actionable transmodal future that could grow, but he was one of the preeminent investors in the AMERICAN DREAM. I am not an acolyte of him per se, but to suggest he was not interested in American greatness and all of the economic security that goes with that for our nation is misplaced judgement.
These are solely my own opinions. And yes, I do realize that all of what buffet did was effective to that purpose. But overall, he was and continues to be one of the best examples of a global corporate boss who still invested heavily in projects that would bring new wealth, new jobs and revitalization to industries that had fallen into stagnation.
If you want to work, you go to a rich man and ask him for a job, because the poor man cannot provide you with an income.
Some people just like trains. IDK if that is the case with Mr. Buffet. However, while most of them buy a toy train set and put it up in their basement or spare room, Mr. Buffet can buy an actual railroad company. Incidentally, I read years ago that railroads do not purchase their locomotives, they lease them.
https://www.up.com/about-us/history/steam
Does Berkshire Hathaway no longer own BNSF?
This is also why North Dakota oil / gas has few pipelines. The rail road has most of the product. It also limits production because of the need for storage facilities.
“…BYD and GEELY would make moves on those closed facilities.”
And Marx Carnage is cheering the Chicom takeover. He has no choice. Thousands of jobs lost, so now he can claim thousands of jobs SAVED!
Unless the Chicoms decide to bring in their own people.
Idiots.
How long do you think the Chinese will put up with those unions or those lazy ass union employees before they start importing their own people to do the work?
Canada is becoming a subsidiary of China.
It’d be interesting to see how much money Carney has invested in Chinese stocks.
Which is what they do all across Africa. They build a road or stadium with no African laborers. Africans remain backward and poor, while their leaders get richer from kickbacks. Carney will be just fine, while Canadians will experience Third World standards of living. At least in Africa, the poor can walk around naked and pick mangoes off the tree. Canadians will just freeze.
Just wait for the importation of the Chinese workers to all the car plants in Canada.
The Canadians will own nothing and be happy.
Ah, what better place to make Chinese battery-powered dream cars than frosty, icy, sleety Canada, the land of polar bears, igloos and that Garden of Eden of the Hinterlands…Baffin Island!
Electric are notorious for not starting in cold weather, which the Snow Mexicans have in abundance, so that will shrink the carbon footprint on most of those little bugger BYD’s to zero!
Not to mention that any Canadian who can afford one is probably already planning to move to the States, which will leave the former nation known as Canada bereft of polluting people…pure, unpopulated and unpolluted as the driven snow!
Mark Carney should be thrilled
BYD also makes batteries and electronics, solar parts, and other things.
a few more 10’s of thousands of cold resilient modifications can fix that. Canada will call it renewable sustainment of a system that make Canada great again. Chyna will build and sell these retrofit for certain. Canada will embrace the new greener deal, 4.0 as they are told and market it as “progress” toward a newer better world for the planet. And then die financially seeking nirvana.
“cold resilient modifications can fix that”
Right. Like electric blankets to keep the batteries warm, so it would have to be plugged in, even if it was not charging. Internal combustion engines have had engine block heaters and battery blankets for decades, so that is nothing new.
And it is all intentional. They enrich and empower China. At the same time they dismantle their own national industries.
While punishing & pursuing war agsinst Russia. They want to destroy Europe, Russia and eventually the USA. This could be achieved if there is WWIII or the democrats take over.
🙏 unceasingly
If the Democrats take over there will be a WWIII.
There seem to be no stopping this freight train we’re on Sundance.
If China breaks that Market in Canada many Americans will want those cheap EVs in this market also.
China plays the long game.
The tariffs on those vehicles will be astronomical unless we vote in a democrat president/Congress. All it takes is one wrong election.
But, but, but…CUSMA! /s
Exactly. Sigh. So gullible..
boy this fella gets my attentions. He is so based on reality, I’ve often felt the need to borrow his meaningful factual intellectual communication. So I DO THAT
God Bless America
Judging by the voluminous number of EV car fires on Mainland China (even to the point of disallowing EV’s to park in enclosed parking garages in some Chinese locations) one hopes that Canadians are not slack on their insurance coverage premiums.
As long as they have no less than 100% tariffs if they even think of selling them here!
We should NOT import Chinese vehicles here, regardless of where they’re assembled! And should the Chinese think of moving their factories to the US to avoid tariffs, we shouldn’t allow it. But the dems will if they “win” the elections, because they are the party of the American commies!
no chinese cars should be allowed to enter the u.s. for any reason.
How to destroy a nations industrial base, enrich a communist dictatorship and impoverish your people-Mark Carney sure hit the trifecta.
He is a WEF guy! He apparently believes that the Canadian people should “Own nothing and be happy!” That is truly where they are headed! That’s not a statement — it’s a promise or a threat. They will demand they will be happy with nothing! Scary times, scary people, who really should be no where in the vicinity of “leaders” of a nation!
Which basically leaves him owning everything left. The pie will be much smaller, but he will be happiest.
I must say this is a brilliant scheme the Chinese are pulling off.
Honestly, all they are doing is taking advantage of stupid people. Or corrupt people. Or both.
And the ‘carbon brokers’ make millions, and donate to the politicians.
Every scam, someone is making money…and politicians ALWAYS get their cut.
do they have to pay carbon credits to mine the nickel and lithium etc?and on the oil and coal etc used to build the cars?
“The actual value to Beijing is in selling the carbon credit worthiness to various automakers who are fined or penalized by their government for producing gasoline powered vehicles.”
This is FREAKING FASCINATING! As the old saying goes, when you’re sitting around the poker table & you can’t spot the fish, then you’re the fish! We were the fish for far too long, & now we have PDJT’ fishermen sitting at the table. Canada you’re screwed because these agreements will ultimately end up being garbage & the Snow Mexicans will be left holding the bag!
but think of the rich people who benefit, won’t you?
Yes, those poor rich people. They need more — the people need less!
Carney is like the car buyer who demands they won’t buy the car if the monthly payment is more than $100 and thinks they’ve won when the dealer quickly agrees.
“I’m not buying the car if I have to pay more than $100 per month.”. “Sure, we can do that.”
The only other time in history that I can find such an example of human stupidity is the herd behavior of Okinawans who threw themselves into the ocean from coastal cliffs because they believed (from Japanese propaganda) that the approaching American invasion force would eat them for dinner. Total loss of reason.
Calling a Chinese EV company “Build Your Dream” feel vaguely analogous to writing “Free Candy” on the side of a windowless van.
[Checks notes from previous Sundance briefs…]
a-Ha! There’s the part about Chicoms coming in to pickup Canadian assets for pennies on the dollar.
Musk made that statement in 2011 — I am sure he has watched world events over the last 15 years and learned.
“Well, in this example we see thousands of unsold BYDs piling up in countries that emphasize climate regulations with no restrictions on the import of EVs (which most don’t even manufacture), which is almost every country. Big Panda doesn’t care about the car itself; they care about generating the carbon credit certificate to sell in the various carbon exchanges.”
A quick question. Is the certificate created when the car is built and put on the lot or when it is sold? Sounds like when built and if so there is no reason to sell them.
The reason to sell them just became evident. By selling them they undercut the competition and ultimately put them out of business. Heads China wins tails everyone else loses.
Canadians might like electric cars except for one wee thing: You have to burn fuel to make “clean” electricity.
They have literally sold their nation to China. Until somebody(!) wants to “Make CANADA Great Again,” they will simply continue to drown in a cesspool of their own making. Leaving their life jackets onshore.
Such is the REAL lesson of the parable of the prodigal son. He was destroying himself, and doing so unnecessarily. But no one else could turn him from his ways. Until he finally remembered who he actually was.
This is what will finally save Canada: when enough Canadians(!) are fed-up enough to say: “We’re not going to follow these people anymore!!”
Another problem with China EVs is they can be used by China to track all sorts of things. The cameras can be added to film installations and record conversations. No Chinese EVs or other products with chips should be allowed in this Country.
Curious if the tragedy in Nepal started in China. Can’t let a tragedy go to waste, gotta make hay while the sunshine and light a fire under the climate change deniers and increase demand for carbon credits
thats kindof what i was thinking also.need a climate change event to keep the plebs in line.how did the bedrock suddenly collapse under the glacier??bomb maybe?
It’s only a matter of time before BYD is in the states. As an avid EV driver, I cannot wait! Their vehicles are superior to ours in every way. It will force car companies here to raise the bar.
Looks like the big winner in the net zero carbon scam will be China. They are the major manufacturers of solar panels, windmills, lithium batteries and soon to be electric vehicles. Meanwhile they are a top producer of pollution with their coal fired power plants. Indeed it is a mad world. President Trump isn’t playing the glowbullists game and that’s why they hate him so much. By destroying your nation’s manufacturing industry you take a big step in eliminating your middle class. Then you replace your blue collar workers in construction, transportation, food establishments, hotel workers, landscaping and maid services with low wage migrants from third world countries and you’ve destroyed your middle class. We are one election away from serious consequences.
SD, you’re sharing the strategy and tactics of all the global players. Haha.
Sort of an ancillary issue, but wouldn’t Chinese EV manufacturers (controlled by the Party) then also have the ability to control all those vehicles through secretly installed parts? Similar to parts installed in Chinese-made cell phones sold abroad? In other words, would they have the ability to limit driving speeds or even stop all these vehicles through electronic transmissions, ala the ability of law enforcement in the US to stop certain stolen autos remotely?
The globalist plan all along was to concentrate America’s automotive and manufacturing technology in one place – and then give it to China. Musk was their useful genius.
Musk did not build Tesla. Musk was placed atop a globalist scheme to focus all America’s automotive technology, battery technology and automotive manufacturing technology in one place.
No one ever asks where he got the hundreds of billions to stratup – or where he got trillions worth of technology and manufacturing expertise to design a car that had no market, or to build a gigafactory almost overnight that no other auto company could ever raise the capital for.
Then Elon Musk gave it all to China……
CHINA OWNS IT ALL NOW – ALL OF IT
I wouldn’t purchase one of those Chinese firetraps if they were giving them away.
Even the Chinese government had problems with their quality. Airbags don’t deploy in an accident, doors can’t be opened in a car fire, leaving occupants trapped. Battery fires are a constant problem. There’s a reason these things are cheap.
REMINDERS:
Who owns the Dominion Voting system? Banks of China Inc. have collective controlling shares.
Even in the so-called “PAPER Ballot States”, there REMAINS COMPUTERS, with Dominion Voting Systems Software, in the chain of custody for cast votes and Ballots … to do digital marking and the AUTOMATED counting.
Even though he is a leftist-opportunist slug, PM Carney is a Banker. The Canadians and China Inc. are also investing in the US 2026-28 Elections.
Both wings of the Political Vulture, the DNCC and RNCC, are working to keep the voter turn out low and number of Dumped Ballots (collected by all means legal and illegal) HIGH.
Nothing like selling your country vehicles that perform at 50% of their standard performance during a Canadian winter.
https://www.consumerreports.org/cars/hybrids-evs/how-much-do-cold-temperatures-affect-an-evs-driving-range-a5751769461/
PRESIDENT TRUMP JUST DROPPED: “US territories”
He’s declaring the Strait of Hormuz a NEW US territory
Iran has no control!
They can play “tough guy” publicly all they want. Currency is worthless, can’t pay their troops, and it gets worse EVERY DAY for them
UPDATE — Treasury Secretary Scott Bessent unleashes this truth on Iran:
“The USA has guided 130 MILLION barrels out over the past 14 days. Iran: 0.”
“The Blockade and Operation Economic Outcast will CRUSH the failing Iranian economy.”
https://x.com/EricLDaugh/status/2093295470621638847
UN joins blue states, UK and EU in disarming good guys so criminals can plunder at will
https://hotair.com/headlines/2026/09/01/un-agency-tells-merchants-not-to-arm-against-pirates-n3818539
The “Big 3” share of responsibility is major because GM for instance has huge “Proving” Grounds in China and has major partnerships with Chinese companies that steal (Share) technology.
Allowing foreign companies to purchase U.S. auto companies should have never been allowed and ALL newer vehicles have Chinese systems that are monitored by the maker.
Trump says Iran is ‘DEAD’
https://www.yahoo.com/news/politics/articles/trump-says-iran-dead-experts-100012342.html
PLEASE PLEASE DO NOT ALLOW THEM TO GET BACK UP. FINISH OFF THIS REGIMR OR IT WILL HAVE BEEN ALL IN VAIN
There has to be little collection going on with the carbon credits so that the government gets a cut. China sells carbon credits probably through a government exchange and the automakers buy them from that exchange is my unresearched guess how that works.
“Elon thinks BYD are building cars. They aren’t.”
The state of North Carolina contributed to this scam too. Our GOP legislature handed $3 billion in taxpayer dollars to a communist Vietnamese auto company (Vinfast) to build an EV plant here. Estimates are there was another $2 billion of indirect incentives. The media thanked Mother Gaia and praised the brillance of the government..
Problem was, Vinfast had never built a car. Vinfast was orginally laundered in Ukraine, moved to Vietnam, bought a company that reassembling Toyotas brought into Vietnam partially diasassmebled for tariff avoidance.. They then rebadged some junky Chinese EVs, hired a US PR firm and some skimpily clad models. That was easy all to discover, yet Raleigh gave them the money without asking any questions.
The plant was not built. No one has been held accountable. No one will even talk about it.