Carlos Tavares was looking forward to a very successful future when a few months ago it was confirmed that the first electric cars from the Chinese manufacturer Leapmotor would leave the factory in Tychy. However, before it even started, everything fell apart because Leapmotor decided to stop investing in the factory in Poland.
It’s a project that Leapmotor was supposed to launch with one of the world’s largest automotive conglomerates, Stellantis, but at the end of last month, the Chinese government called on its manufacturers to immediately stop investing in Europe in response to the imposition of tariffs on their products.
Not all EU members were in favor of introducing additional tariffs on Chinese products, such as Germany, Hungary, Malta, Slovenia or Slovakia, but 10 of them stood by the decision that the new tariffs will protect the European market. One of them is Poland, so China started to take revenge.
In the factory in Tychy, semi-finished products are assembled, and the Chinese company has informed the Polish Trade and Investment Agency that, according to the order of the Chinese Ministry of Economy, it is suspending investments in Poland.
The only model that Leapmotor will produce in Poland for now is the T03, and the first cars will leave the production lines in the coming weeks.
Source: Reuters