Stellantis said Thursday it is spending $1.85 billion to buy about 20% of Chinese EV company Leapmotor in a new strategic global EV partnership. It creates Leapmotor International, a 51/49 Stellantis-led joint venture for markets outside China.
Stellantis said Thursday it is spending $1.85 billion to buy about 20% of Chinese EV company Leapmotor in a new strategic global EV partnership. It creates Leapmotor International, a 51/49 Stellantis-led joint venture for markets outside China.