Stellantis signs deal to export EVs of China’s Leapmotor

Stellantis is in the process of forming a comprehensive strategic partnership with Leapmotor, a Chinese EV company that was established in 2015 and last year sold approximately 111,000 vehicles in its home market. In a deal announced last week, Stellantis will invest 1.5 billion euros (approximately $1.6 billion) to purchase a 20% stake in…Stellantis is in the process of forming a comprehensive strategic partnership with Leapmotor, a Chinese EV company that was established in 2015 and last year sold approximately 111,000 vehicles in its home market. In a deal announced last week, Stellantis will invest 1.5 billion euros (approximately $1.6 billion) to purchase a 20% stake in…