Hyperdrive
Stellantis May Move Some EV Output to Europe Over China Tariffs
- EU tariffs as high as 48% set to take effect next month
- CEO has said Leapmotor models may be assembled outside China
A Leapmotor C16 electric sport utility vehicle during the Beijing Auto Show.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Stellantis NV will shift production of some models made by China’s Leapmotor to Europe if tariffs on electric-vehicle imports announced this week go into effect.
The new partners, starting sales in Europe from September, may accelerate plans to shift assembly of some Leapmotor models to Stellantis factories because of the potential extra costs, Chief Executive Officer Carlos Tavares said late Thursday. Last month, the companies already said the EVs will eventually be made outside of China, partly in light of rising global trade tensions.