Stellantis to rapidly grow exports of Chinese EVs to Europe, other countries

Stellantis CEO Carlos Tavares and Leapmotor founder and CEO Zhu Jiangming shake hands in relation to new partnerships between their companies. The expansion plans do not currently include distribution in the U.S., Stellantis CEO Carlos Tavares said Tuesday following a press conference in Hangzhou, China, where Leapmotor is based. He cited, among other reasons, new American tariffs on China-made EVs. The Biden administration Tuesday announced stiff new tariff rates on $18 billion worth of Chinese imports, in ...