Stellantis to Offer Budget Chinese Electric Vehicles in European Markets

Tuesday, 14 May 2024, 12:03

Stellantis strikes a deal with Leapmotor to bring cost-effective electric cars to Europe, amid rising tensions due to US tariff policies. By introducing two Leapmotor models priced below €20,000, Stellantis challenges Joe Biden's 100% tariff on Chinese EV imports, aiming to capture the European market. The move signals a strategic shift in the automotive industry towards more affordable electric mobility solutions.
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Stellantis to Offer Budget Chinese Electric Vehicles in European Markets

Stellantis Partners with Leapmotor for Affordable EVs

Stellantis, the global carmaker behind brands like Fiat and Vauxhall, announces a partnership with Leapmotor to introduce low-cost electric vehicles in Europe.

Challenging US Tariffs on Chinese EVs

Stellantis criticizes Joe Biden's decision to impose a 100% tariff on Chinese EVs, opting to target the European market with competitively priced models from Leapmotor.

  • Stellantis plans to launch two Leapmotor models in September priced under €20,000.
  • UK sales are expected to commence in March 2025.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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