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After Letting China In, Canada Hopes Korea Comes Too

Summary by Carscoops
Hyundai is bidding to build 12 submarines for Canada. Canada may link the deal to local Korean car production. Korea accounts for 12 percent of car sales in the country. Just two weeks after announcing a major trade deal with China that sharply reduced tariffs on EV imports, Canada is exploring another pivotal agreement, this time with South Korea, that could open the door to more car production on Canadian soil. Although the two countries …
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Carscoops broke the news in on Friday, January 30, 2026.
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