Stellantis takes $1.6 billion stake in China’s Leapmotor, forming JV to sell its EVs in Europe

Electrek
By Scooter DollOct 26, 2023, 12:07 pm377 ptsTop
One year after filing for bankruptcy with its Jeep joint venture in China, Stellantis has found a new partner in EV startup Leapmotor to utilize its existing technology ecosystem as part of a $1.6 billion joint venture that will expand availability of the Chinese EVs in new markets in Europe, possibly beyond.…

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