Stellantis takes 20% stake in Chinese EV maker Leapmotor

Franco-Italian automaker Stellantis plans to invest €1.5 billion to acquire approximately 20% of Chinese EV startup Leapmotor, making Stellantis a significant shareholder. The deal also outlines the formation of Leapmotor International, a 51/49 Stellantis-led joint venture that has exclusive rights for the export and sale, as well as manufacturing, of Leapmotor products outside Greater China. This […]