Oct 26, 2023ACQUISITIONChina Stellantis invests EUR 1.5 billion for 20% stake in Leapmotor, forms JV
Stellantis N.V. plans to invest approximately EUR 1.5 billion to acquire about 20% of Leapmotor, becoming a significant shareholder. The companies will also form Leapmotor International, a 51/49 Stellantis-led joint venture for global sales and manufacturing outside Greater China.
Productselectric vehicles
“Stellantis plans to invest ca. €1.5 billion to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder.”stellantis.com
- 3 sources
- stellantis.comStellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor’s Global Electric Vehicle Business | StellantisOct 26, 2023
- beta.zhitongcaijing.com零跑汽车(09863)拟向Stellantis发行认购股份及成立合营公司 扩展国际化布局Oct 26, 2023
- media.stellantis.comStellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor’s Global Electric Vehicle Business | Leapmotor | Stellantis MediaOct 26, 2023
Summarized from public sources; check the original articles before acting on it.
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