# 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.

- Type: Partnership
- Announced: 2024-05-09
- Where: Poland, Poland
- Value: $1.60B
- Status: announced
- Products: battery electric vehicles, Leapmotor T03 mini BEV, Leapmotor C10 SUV
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Stellantis](https://endata.com/companies/7966.md) (partner)
- [Zhejiang Leapmotor Technology](https://endata.com/companies/77321.md) (partner)

## Sources

- [goauto.com.au](https://www.goauto.com.au/news/leapmotor/t03/stellantis-leapmotor-to-soon-launch-euro-jv/2024-05-09/93793.html), 2024-05-09: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.