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Stellantis CEO Antonio Filosa says the company sees opportunity to produce and sell Chinese-branded vehicles in Mexico and potentially Canada.
Stellantis plans to produce Chinese Leapmotor EVs in Canada and Mexico, but not the US.
KEY POINTS
- Manufacturing Leapmotor vehicles at Brampton, Ontario, would bypass Canada's 6.1% tariff on Chinese EVs.
- Stellantis has exclusive rights to sell and manufacture Leapmotor products outside greater China via a 51% joint venture.
- A new partnership with Dongfeng extends Stellantis’ shared EV production and distribution in Europe.
- A strategic deal with Jaguar Land Rover is being explored for US market product development, avoiding Chinese brands.
COMPANIES
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