Stellantis NV is discussing options for building electric vehicles in Canada with its Chinese partner, Zhejiang Leapmotor Technology Co., according to people familiar with the matter, a sign of how quickly the auto industry is being reshaped after Canada opened the door to companies from the world’s largest car market.
Stellantis NV is discussing options for building electric vehicles in Canada with its Chinese partner, Zhejiang Leapmotor Technology Co., according to people familiar with the matter, a sign of how quickly the auto industry is being reshaped after Canada opened the door to companies from the world’s largest car market.
The Stellantis assembly plant in Brampton, Ontario.
Chinese electric carmaker Zhejiang Leapmotor Technology Co. posted its first annual profit on strong vehicle sales as it expands its partnership with Stellantis NV. The shares rose.
Chinese electric carmaker Zhejiang Leapmotor Technology Co. posted its first annual profit on strong vehicle sales as it expands its partnership with Stellantis NV. The shares rose.
A Leapmotor B10 electric vehicle at the Turin Motor Show in Torino, Italy. Photographer: Giuliano Berti/Bloomberg