Stellantis and Leapmotor have announced a partnership to manufacture small electric vehicles in Italy, leveraging Leapmotor’s expertise in compact EV production. The collaboration aims to accelerate Stellantis’ expansion into the growing European electric vehicle market while tapping into Leapmotor’s established supply chain and technology. This move follows Stellantis’ broader strategy to increase its EV lineup and reduce reliance on traditional internal combustion engines. The joint venture underscores the automotive industry’s shift toward electrification and local production to meet rising demand.
Stellantis to Build Small Electric Vehicles with Leapmotor in Italy Global Banking & Finance Review
