Vauxhall and Peugeot owner Stellantis to sell cheap Chinese EVs in Europe

5 months ago 31

Carmaker’s deal with Leapmotor aims to cash in on imports as Biden imposes 100% tariff in US

The global carmaker Stellantis is to sell cheap electric cars made by its Chinese partner Leapmotor in Europe, including the UK, as it criticised Joe Biden’s decision to impose a 100% tariff on Chinese EVs imported to the US.

Stellantis, which owns brands including Fiat, Peugeot and Vauxhall, will start selling two Leapmotor models in September, at prices of less than €20,000 (£17,200). UK sales will start in March 2025.

Continue reading...
Read Entire Article