The Korea Herald
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Chinese EV retreat opens window for Hyundai in Canada
Major Chinese electric vehicle makers, including BYD, Chery and Geely, are scaling back their expansion into Canada โ a strategic entry point to North America beyond the US market, where intensifying anti-China trade policies have effectively shut out Chinese EVs. Experts indicate the shift could help Hyundai Motor Group to defend its ground in the profitable market, where demand for high-margin SUVs and eco-friendly vehicles remains strong. According to a recent report by Automotive News Canada