US EditionStellantis Gives China's Leapmotor A Way To Dodge Europe's Painful EV Tariffs
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Chinese automaker Leapmotor is relocating part of its production to Spain, sharpening its European strategy. Local production reduces costs, shortens routes, and avoids tariffs of more than 20 percent on electric cars imported from China. This strengthens competitiveness in key markets and stabilizes supply chains. Antonio Filosa, CEO of Stellantis, named Spain as the future production center starting in 2026, following initial rumors in early S…
It has long been known that Leapmotor’s intention was to settle its electric car factory in Spain. Part of this oriental brand belongs to the Stellantis group, which has served to settle quickly in Europe thanks to the locations already available to the conglomerate. With this, they have been able to use their dealers, workshops and now they will also use their factories. Let’s remember that Leapmotor already manufactured, for a short period of …
Stellantis Gives China's Leapmotor A Way To Dodge Europe's Painful EV Tariffs
Stellantis will let Leapmotor build vehicles in one of its Spanish factories. Local production helps Leapmotor avoid up to 30.7 percent EU import tariffs. The B10 electric SUV is the most likely model to enter production first. A year after making a major investment in Leapmotor, Stellantis is moving from shareholder to industrial partner. In 2023, the group spent €1.5 billion ($1.77 billion) for a 20 percent stake in the Chinese brand and took …
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