Stellantis takes 20% stake in Chinese EV maker Leapmotor
Electric Cars Report
OCTOBER 30, 2023
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.
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