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Stellantis and Dongfeng Group signed a non-binding MoU to form a Europe-based joint venture (Stellantis-led, 51/49) for sales, distribution, manufacturing, purchasing, and engineering of Dongfeng's new energy vehicles, with potential production of Dongfeng NEVs at the Rennes plant in France.
Stellantis and Dongfeng Group signed a strategic cooperation agreement to expand their DPCA joint venture, with a combined investment of over 8 billion Chinese Yuan (approximately €1 billion), to produce Peugeot and Jeep vehicles in Wuhan for China and export.