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.
