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. It acquired 20% of the Chinese automakers, making it a significant shareholder. Dongfeng Motors Corporation Ltd. In October 2023, Stellantis invested €1.5 billion in Leapmotor.
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