Amsterdam-headquartered multinational automaker Stellantis plans to invest some €1.5 billion to acquire 20% of Chinese EV maker Leapmotor. Stellantis will take two seats on Leapmotor’s board of directors. The deal also outlines the formation of Leapmotor International, a Stellantis-led joint venture that will have exclusive rights to the export and sale of Leapmotor products as… Read more…
Stellantis to acquire 20% equity stake in China’s Leapmotor
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