Stellantis Eyes EV Production In Canada With China’s Leapmotor: Report

• According to the report, the discussions are focused on an idled Stellantis assembly plant in Ontario.
• Stellantis has a joint venture with Leapmotors aimed at expanding affordable electric vehicle sales globally outside Greater China.
• Earlier today, Stellantis also reported that its first-quarter U.S. sales increased 4% versus the same period in 2025 to touch 305,902 units.

Jeep maker Stellantis NV (STLA) is reportedly discussing making electric vehicles with its Chinese partner Zhejiang Leapmotor Technology Co. in Canada.

Bloomberg reported on the early stage talks on Wednesday, citing people familiar with the matter. According to the report, the discussions are focused on an idled Stellantis assembly plant in Ontario. The plant in Brampton was previously expected to produce a Jeep sport utility vehicle but after U.S. President Trump announced tariffs on foreign-made vehicles, Stellantis moved its production to the U.S., leaving it idle for longer.

Stellantis has a joint venture with Leapmotors called Leapmotor International, established to expand affordable electric vehicle sales globally outside Greater China.

Tariffs And Deals

The talks follow Canada’s agreement with Chinese President Xi Jinping in January to reduce tariffs on China-made electric vehicles in the aftermath of President Trump imposing hefty tariffs on foreign made cars and trucks imported into the U.S.

If the talks proceed to action, it would be the first major Chinese auto investment in Canada since the country’s deal with China, Bloomberg said.

Stellantis US Sales

Earlier today, Stellantis also reported that its first-quarter U.S. sales increased 4% versus the same period in 2025 to touch 305,902 units. 
The company recorded sales growth across its Ram, Jeep, and Dodge brands. The Chrysler Pacifica total sales increased nearly 84% month-over-month in March, marking the second consecutive month of growth, the company said.

STLA stock traded 5% higher at the time of writing.

How Did Retail Traders React?

On Stocktwits, retail sentiment around STLA stock jumped from ‘bullish’ to ‘extremely bullish’ territory over the past 24 hours, while message volume remained at ‘normal’ levels.

STLA stock has lost 33% over the past 12 months.

Read More: UNCY Retail Buzz Explodes 150% This Week as Traders Bet Big on Experimental Drug Approval

For updates and corrections, email newsroom[at]stocktwits[dot]com.