Stellantis takes $1.6 billion stake in China’s Leapmotor, forming JV to sell its EVs in Europe
One year after filing for bankruptcy with its Jeep joint venture in China, Stellantis has found a new partner in EV startup Leapmotor to utilize its existing technology ecosystem as part of a $1.6 billion joint venture that will expand availability of the Chinese EVs in new markets in Europe, possibly beyond.
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