Stellantis, Leapmotor joint venture to begin operations in Europe from September 2024
Stellantis had signed a strategic agreement with Leapmotor, investing €1.5 billion in the latter to acquire about 21% equity in October 2023
Stellantis N.V. and Leapmotor have received all the required regulatory approvals to establish their joint venture company, Leapmotor International B.V., Stellantis announced on May 14. The joint venture company, in which Stellantis will hold a stake of 51% and the remaining will be held by mainland China-based smart electric carmaker Leapmotor, will be headquartered in Amsterdam.
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