Stellantis & Leapmotor Eye EV Plant in Canada

0:00Stellantis is eyeing a deal to build electric vehicles in Canada with his Chinese partner Leet Motor, focusing on that idle plant in Branson, Ontario. They already own a 21% stake in Leet Motor from a $1.6 billion investment back in 2023, and they run a joint venture called Leet Motor International, where Stellantis holds 51%. Earlier this year, the Brampton plant shut down for retooling to crank out Jeep Compass models starting in 2025, but Stellantis hit. Pause after US tariffs from President Trump slapped Canadian goods. Canada fired back hard, threatening lawsuits since Stellantis got big government cash to keep operations there, and by November, they kicked off. Dispute talks to restart production. Now these EV talks with Leet Motor are super early. No firm plans or conditions set yet, but Stellantis says they're scouting options for the plant and chatting with officials to lock in the right setup. Word is, this could reshape things up north if it sticks, keeping that factory humming

1:02with fresh green tech while sorting the tariff mess. From your city, powered by AI, this is Canada News Today. I'm Corey with The Story.