Jeep maker Stellantis plans to invest 1.5 billion euros in Chinese EV manufacturer Leapmotor
https://apnews.com/article/stellantis-leapmotor-china-ev-auto-e59e4b99b7443c2778b27477b2d4ff78
BANGKOK (AP) — Stellantis plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a Chinese electric vehicle manufacturer, the companies said late Wednesday.
The European-based maker of Jeep and Ram and Leapmotor said in a joint statement that they have formed a strategic partnership and joint venture that aims to expand the Chinese EV maker’s sales both inside and outside of China.
Jeep maker Stellantis plans to invest 1.5 billion euros in Chinese EV manufacturer Leapmotor
Oct 26, 2023, 5:23am UTC
https://apnews.com/article/stellantis-leapmotor-china-ev-auto-e59e4b99b7443c2778b27477b2d4ff78
> BANGKOK (AP) — Stellantis plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a Chinese electric vehicle manufacturer, the companies said late Wednesday.
> The European-based maker of Jeep and Ram and Leapmotor said in a joint statement that they have formed a strategic partnership and joint venture that aims to expand the Chinese EV maker’s sales both inside and outside of China.