Automotive giants Stellantis and Dongfeng have joined forces to launch a €1 billion electric vehicle (EV) production venture in China, a significant move in the country's rapidly expanding EV market. The partnership, which is expected to be one of the largest foreign investments in China's EV sector, will see the two companies establish a new manufacturing facility to produce electric vehicles for both domestic and international markets. The move comes as China continues to drive innovation in the EV industry, with the country aiming to become a global leader in EV production and adoption. With the partnership, Stellantis and Dongfeng aim to tap into the growing demand for electric vehicles in China and beyond.
Stellantis, Dongfeng agree €1bn China EV production venture Just Auto
