article thumbnail

The biggest challenges facing automotive retail in 2024 (and how to tackle them)

Autocar

Although RoO has been in play for petrol and diesel-engined cars since 2021, it will present particular problems for electric vehicles due to their more complex, still-evolving supply chain. It’s thought that up to five years is needed to construct the gigafactories needed, as well as a fully functioning distribution and supply chain.”

Retail 52
article thumbnail

Trudeau Won’t Say If Canada Will Hit Chinese EVs With Tariffs Like U.S.

Carscoops

Canada’s prime minister is trying to establish a solid EV supply chain in the region A $1.6 This facility is an integral part of Canada’s plan to build a solid EV supply chain in the region. ” Ontario’s new lithium-ion separator plant will cost approximately $1.6 tariff hike.