Stellantis & Leapmotor joint venture gets approval from Chinese regulator
Teslarati
MARCH 12, 2024
With the approval from the NDRC, Stellantis can build and sell Leapmotor electric vehicles (EVs) outside of China, said people familiar with the matter. The joint venture between Stellantis and Leapmotor still needs regulatory approval in other markets. It acquired 20% of the Chinese automakers, making it a significant shareholder.
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