Leapmotor to follow import caps, seeks implementation details

what happened

Reuters reports that Leapmotor International is prepared to follow any rules covering limits on Chinese hybrid-car imports into Europe. The company still wants to understand how the restrictions will operate in practice. Its chief executive called the import cap an “interesting alternative to tariffs.”

Talks with Stellantis about future production localisation are continuing. Madrid remains one possible site, but no final decision has been made, and other locations outside Spain are also being considered.

The Leapmotor International chief executive said electric-vehicle demand is gaining momentum in a way the company had not expected one year ago. Italy and Spain are among the markets showing this trend.

why it matters

For the auto sector, the practical design of the import regime and the choice of a possible European production site will shape Leapmotor’s operating plans and its cooperation with Stellantis.

instruments