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 talks are in an early stage, said the people, who asked not to be identified discussing information that’s not public. If the companies proceed, it would be the first major Chinese auto investment in Canada since Prime Minister Mark Carney reached an agreement with President Xi Jinping in January to reduce tariffs on Chinese-made EVs.
As part of that deal, Carney’s government said it wanted to attract new Chinese joint-venture investment “with trusted partners” in the Canadian auto sector within three years.
breadtangle on
I’m supportive in general of anything that moves us closer to economical electrical transport. Nothing has disappointed me more than the first generation of EV’s being mostly expensive luxury rockets and 7000lb trucks.
RefrigeratorOk648 on
Stellantis looking for another government handout……
AaAaZhu on
D99!!!!!
robindawilliams on
It will be incredible to see how quickly Canada can adopt these technologies we are seeing spread through Europe and China like wildfire. Western Europe is seeing something like 20% of all new cars as BEV and China is seeing plug-in hybrid/EVs hitting something ridiculous like 50% of market share.
Our country is huge compared to these places, but given that almost our entire population is centred around one central highway that runs east-west, I think it is more viable than people think to get 50% of vehicles electric without trying to force commercial trucks or long-distance haulers to convert too soon.
What is going to be more interesting is how American companies may use Canada as a sidestep to getting latched onto these foreign companies that have put in the R&D already, and how much the US is going to fight tooth and nail to keep Canada from becoming the backdoor for it.
Extra_Passion_5754 on
I don’t see how they could ever make these vehicles affordable without using Chinese labour and Chinese management.
The whole reason these vehicles are so affordable, thus so appealing, is the labour costs lower the price. Using inefficient and costly Western union labour at the Stellantis plant would remove that competitive advantage, and price the resulting vehicle at more or less the same point as every other Made in Canada/America vehicle.
Why do we want that? We want BYD EVs because they’re cheaper than the alternative, period.
insanebison on
Stellantis is useless and will just add another layer of profit that makes the end product more expensive. I’m not sure why they are needed.
NOT_EVEN_THAT_GUY on
stellantis is not a serious company
Illustrious-Job-6390 on
Stellantis can suck it along with their shitty cars
magnuman307 on
Or: They just found a way to make cheap chinese cars even worse.
shakazuluwithanoodle on
why do we keep making deals with this terrible company
tacoma_enjoyer on
I honestly just want a home-made Kei trucks. Extra bonus points if they’re EV.
Bubbaganewsh on
So much for them being inexpensive.
Shjfty on
I don’t care for China or their cars but if it brings good jobs to Canada I’m here for it
Aerottawa on
Not an April Fools joke. Stellantis owns 20% of Leapmotor. Leapmotor has already been exported to Europe by Stellantis, however it has been reviewed as the worst EV brand available in Europe….
Intrepid-Educator-12 on
Didn’t really want Stelantis to get involved in this.
they are ruining pretty much all the jeeps and everything they touch.
Talinn_Makaren on
Oh great, the one company I dislike more than *random Chinese EV company*.
Honestly I’d love the outcome of Trump’s presidency to be 15 years from now all our plants are Canadian subsidiaries of Honda, Toyota etc and Stellantis, Ford etc don’t even exist in the US anymore.
1pencil on
Fuck yes.
More evidence of great things for Canada.
Keep Canadians working, manufacture goods in Canada.
This is the first step toward prosperity.
Canada is gaining so much under Carney while others are losing out bad.
Drilling for oil in Greenland? We got it
Manufacture Chinese EVs in Canada? We got it.
Bring more industry to Canada, and shift us into a nation of production and not just a resource source.
goldilox on
The government should use the past reneged contract as a massive bargaining chip to not sue Stellantis.
Fabulous-Camera7813 on
Fellow Canadians…time AGAIN to open your wallets for big corporations ! Please be generous ( yes big /s )
Professional_Egg7407 on
Kick out Stellantis, their products suck
abbys11 on
Stellantis only makes garbage
Euclidisthebomb on
An excerpt from the article:
>Those talks now include the possibility of building cars in partnership with Leapmotor, a fast-growing Chinese manufacturer. Stellantis bought a 20% stake in Leapmotor in 2023, and a year later the two companies formed a joint venture called Leapmotor International, focused on global production and sale of the electric vehicles.
>The joint venture plans to start producing Leapmotor electric SUVs later this year at a Stellantis factory in Spain, near a massive battery factory Stellantis is building with another Chinese firm, Contemporary Amperex Technology Co. Other parts for the car will be made by yet another joint venture, called Lieder Automotive, between Spanish and Chinese firms.
>Leapmotor and Stellantis also plan to produce EVs in Brazil and Malaysia, but those projects will rely, at least at first, on the use of “knockdown kits,” where the cars are largely built in China and then shipped overseas for final assembly.
>It’s unclear at this point what conditions might be placed on any Leapmotor-Stellantis venture in Canada, according to people with knowledge of the discussions, who said the talks are still preliminary and no decisions have been made.
Stellantis has a plant that is idle. Leapmotor would probably utilize almost nothing of the existing manufacturing lines. What is of value is the zoning and the gross plant infrastructure – this alone shortens the process to get up and running significantly. New car manufacturing facilities have a higher degree of automation, especially EV since they lack the engines of traditional automotive.
So there would be new employment but it would be perhaps 35%-45% of a traditional car plant. But there would be many downstream economic benefits in the wider sphere of all that is needed for component supply, trucking, etc.
Stellantis „partnership“ is they gaining income on the lease of their idle facility and perhaps some profit sharing. Stellantis did have a stake in the NextStar Energy battery manufacturing facility in Windsor but they recently sold it to Korea’s LG energy and apparently the focus of that plant is now towards grid energy storage solutions. Perhaps that might change yet again.
AsRiversRunRed on
Tel them to frick off
xrubicon13 on
Stellantis is just as reliable as their cars at this point
thejaysun on
Stellantis is a terrible company and I’d never buy a car with their name attached to it in any way.
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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 talks are in an early stage, said the people, who asked not to be identified discussing information that’s not public. If the companies proceed, it would be the first major Chinese auto investment in Canada since Prime Minister Mark Carney reached an agreement with President Xi Jinping in January to reduce tariffs on Chinese-made EVs.
As part of that deal, Carney’s government said it wanted to attract new Chinese joint-venture investment “with trusted partners” in the Canadian auto sector within three years.
I’m supportive in general of anything that moves us closer to economical electrical transport. Nothing has disappointed me more than the first generation of EV’s being mostly expensive luxury rockets and 7000lb trucks.
Stellantis looking for another government handout……
D99!!!!!
It will be incredible to see how quickly Canada can adopt these technologies we are seeing spread through Europe and China like wildfire. Western Europe is seeing something like 20% of all new cars as BEV and China is seeing plug-in hybrid/EVs hitting something ridiculous like 50% of market share.
Our country is huge compared to these places, but given that almost our entire population is centred around one central highway that runs east-west, I think it is more viable than people think to get 50% of vehicles electric without trying to force commercial trucks or long-distance haulers to convert too soon.
What is going to be more interesting is how American companies may use Canada as a sidestep to getting latched onto these foreign companies that have put in the R&D already, and how much the US is going to fight tooth and nail to keep Canada from becoming the backdoor for it.
I don’t see how they could ever make these vehicles affordable without using Chinese labour and Chinese management.
The whole reason these vehicles are so affordable, thus so appealing, is the labour costs lower the price. Using inefficient and costly Western union labour at the Stellantis plant would remove that competitive advantage, and price the resulting vehicle at more or less the same point as every other Made in Canada/America vehicle.
Why do we want that? We want BYD EVs because they’re cheaper than the alternative, period.
Stellantis is useless and will just add another layer of profit that makes the end product more expensive. I’m not sure why they are needed.
stellantis is not a serious company
Stellantis can suck it along with their shitty cars
Or: They just found a way to make cheap chinese cars even worse.
why do we keep making deals with this terrible company
I honestly just want a home-made Kei trucks. Extra bonus points if they’re EV.
So much for them being inexpensive.
I don’t care for China or their cars but if it brings good jobs to Canada I’m here for it
Not an April Fools joke. Stellantis owns 20% of Leapmotor. Leapmotor has already been exported to Europe by Stellantis, however it has been reviewed as the worst EV brand available in Europe….
Didn’t really want Stelantis to get involved in this.
they are ruining pretty much all the jeeps and everything they touch.
Oh great, the one company I dislike more than *random Chinese EV company*.
Honestly I’d love the outcome of Trump’s presidency to be 15 years from now all our plants are Canadian subsidiaries of Honda, Toyota etc and Stellantis, Ford etc don’t even exist in the US anymore.
Fuck yes.
More evidence of great things for Canada.
Keep Canadians working, manufacture goods in Canada.
This is the first step toward prosperity.
Canada is gaining so much under Carney while others are losing out bad.
Drilling for oil in Greenland? We got it
Manufacture Chinese EVs in Canada? We got it.
Bring more industry to Canada, and shift us into a nation of production and not just a resource source.
The government should use the past reneged contract as a massive bargaining chip to not sue Stellantis.
Fellow Canadians…time AGAIN to open your wallets for big corporations ! Please be generous ( yes big /s )
Kick out Stellantis, their products suck
Stellantis only makes garbage
An excerpt from the article:
>Those talks now include the possibility of building cars in partnership with Leapmotor, a fast-growing Chinese manufacturer. Stellantis bought a 20% stake in Leapmotor in 2023, and a year later the two companies formed a joint venture called Leapmotor International, focused on global production and sale of the electric vehicles.
>The joint venture plans to start producing Leapmotor electric SUVs later this year at a Stellantis factory in Spain, near a massive battery factory Stellantis is building with another Chinese firm, Contemporary Amperex Technology Co. Other parts for the car will be made by yet another joint venture, called Lieder Automotive, between Spanish and Chinese firms.
>Leapmotor and Stellantis also plan to produce EVs in Brazil and Malaysia, but those projects will rely, at least at first, on the use of “knockdown kits,” where the cars are largely built in China and then shipped overseas for final assembly.
>It’s unclear at this point what conditions might be placed on any Leapmotor-Stellantis venture in Canada, according to people with knowledge of the discussions, who said the talks are still preliminary and no decisions have been made.
Stellantis has a plant that is idle. Leapmotor would probably utilize almost nothing of the existing manufacturing lines. What is of value is the zoning and the gross plant infrastructure – this alone shortens the process to get up and running significantly. New car manufacturing facilities have a higher degree of automation, especially EV since they lack the engines of traditional automotive.
So there would be new employment but it would be perhaps 35%-45% of a traditional car plant. But there would be many downstream economic benefits in the wider sphere of all that is needed for component supply, trucking, etc.
Stellantis „partnership“ is they gaining income on the lease of their idle facility and perhaps some profit sharing. Stellantis did have a stake in the NextStar Energy battery manufacturing facility in Windsor but they recently sold it to Korea’s LG energy and apparently the focus of that plant is now towards grid energy storage solutions. Perhaps that might change yet again.
Tel them to frick off
Stellantis is just as reliable as their cars at this point
Stellantis is a terrible company and I’d never buy a car with their name attached to it in any way.