In a move to accelerate its electric vehicle (EV) expansion, Stellantis, the parent company of Opel, has announced a significant deepening of its partnership with Chinese electric vehicle manufacturer Leapmotor. The two companies will collaborate on the development and production of a new Opel electric SUV, marking a major step forward in their joint venture. As part of this agreement, Stellantis will also increase production capacity at its Spanish manufacturing facility, enabling the company to meet growing demand for its EV offerings. By integrating purchasing operations, the joint venture aims to reduce costs and improve efficiency, making its electric vehicles more competitive in the market.
Stellantis and China's Leapmotor will deepen their joint venture with a new Opel electric SUV, expanded production in Spain, and integrated purchasing to lower EV costs.
