Canada’s Tariff Cut Just Made This High-Tech Chinese EV 50% Cheaper
Lotus Technology, the British sports car maker majority-owned by China’s Geely group, is welcoming Canada’s decision to reset its tariff policy that’s set to result in a dramatic price reduction for its high-performance electric SUV. The automaker said in a press release Saturday that the price of its Wuhan-made Eletre SUV will drop by roughly…