⚠️ Unconfirmed
Financial
Financial
BYD, Geely, and Chery reportedly consider Ontario’s CAMI plant for Canadian production
According to Automotive News, BYD, Geely, and Chery are exploring potential joint ventures in Canada to establish local production, focusing on General Motors’ CAMI plant in Ontario. This currently idle plant was retrofitted to produce electric vehicles like the BrightDrop and has ready EV manufacturing infrastructure. Any partnership would require Canadian majority ownership and integration with local supply chains emphasizing made-in-Canada components. Canadian Industry Minister Mélanie Joly’s visit to China helped facilitate these discussions, though operational details and agreements remai
- BYD, Geely, and Chery explore joint ventures in Canada
- GM’s CAMI plant in Ontario targeted for its EV production setup
🔎 Why it matters: Unconfirmed rumor mentions CAMI plant and potential joint ventures with BYD, Geely, and Chery in Canada.
📈 Upside: Not applicable.
📉 Risk: Not applicable.
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