Automakers Stellantis and Leapmotor are taking their partnership to the next level with a series of strategic moves aimed at accelerating the adoption of electric vehicles (EVs). The two companies are set to unveil a brand-new Opel electric SUV, marking a significant expansion of their joint venture, which was first announced in 2022. As part of the deal, production of the new EV model will be ramped up at a Spanish manufacturing facility, further solidifying the partnership's commitment to the European market. By integrating their purchasing operations, Stellantis and Leapmotor hope to reduce costs and make their EVs more competitive in a rapidly evolving industry.
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.