Leapmotor and Stellantis recently made a deal through which the latter will invest €1.5 billion in the former while in return getting a 20% share stake and access to its EV platform. We initially thought that would only be used in the Chinese market, where Stellantis doesn’t have a great market position at the moment. As it turns out, the deal was much more encompassing than just that. Starting late next year, Leapmotor will essentially become Stellantis’ affordable EV brand, first in Europe and then in other global markets too. Leapmotor C11 The two companies established a… More…
Leapmotor will be Stellantis’ affordable EV brand in Europe from next year
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