UBS reports Stellantis is in early talks with Chinese Leapmotor to build EVs at an idle Ontario plant, amid Canada‑China tariff reduction.
US tariffs remain 100% on Chinese EVs and ban Chinese‑linked software, with Trump‑Xi summit discussions and potential tariff threats on Canadian goods.
Ford CEO Jim Farley says Ford will out‑innovate, continues EV plans on UEV platform, expects $1.5‑$2 billion headwind from aluminum tariffs.