In a significant move to expand its electric vehicle offerings, Stellantis, the parent company of Opel, is reportedly close to finalizing a deal with Chinese electric vehicle manufacturer Leapmotor. The partnership is expected to result in the production of a low-cost Opel electric vehicle, targeting the growing demand for affordable EVs in Europe. Leapmotor's expertise in manufacturing high-quality yet affordable EVs could be the key to Opel's success in the competitive European market, where budget-conscious consumers are increasingly opting for eco-friendly options. The deal marks another step in Stellantis' efforts to accelerate its electrification strategy and reduce its carbon footprint.
Stellantis nears deal with Leapmotor to build low-cost Opel EV CBT News
