Stellantis and Leapmotor to launch Leapmotor International JV

Stellantis and Zhejiang Leapmotor Technology will launch a joint venture called Leapmotor International, with Stellantis holding a 51% stake. The JV will manufacture Leapmotor vehicles in Poland starting in 2025, initially from CKD kits, and will have exclusive rights to build, export, and sell Leapmotor products outside China.

“The deal struck by Stellantis last October, when it bought a 21 per cent stake in Chinese automotive manufacturer Zhejiang Leapmotor Technology for $US1.6 billion, looks finally set to be consummated under a new joint-venture company called Leapmotor International.”goauto.com.au

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• goauto.com.auStellantis, Leapmotor to soon launch Euro JV | GoAutoGoAutoMediaMay 9, 2024

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