Stellantis (STLA) Takes 20% Stake in Leapmotor for EUR 1.5B
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Stellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor’s Global Electric Vehicle Business
October 25, 2023 7:10 PM EDTStellantis to Become a Strategic Shareholder of Leapmotor with 1.5 Billion Investment and Bolster Leapmotors Global Electric Vehicle Business
Leveraging the strengths of both companies, Stellantis and Leapmotor give birth to a strategic global relationship that aims at creating a highly competitive and highly efficient EV mobility powerhouse in China and around the world Companies intend to establish the Leapmotor International joint venture designed to accelerate and expand global sales of Leapmotors high-tech, cost-efficient products by leveraging Stellantis extensive assets and commercial know-how around the globe Leapmotor is among the fastest... More