February 11, 2025
Stellantis to buy stake in Chinese EV start-up Leapmotor

Global carmaker Stellantis said Thursday it will buy a 20 percent stake in Chinese electric car maker Leapmotor, making it the latest European brand seeking a foothold in the country’s highly competitive market via partnerships with local manufacturers. Other European manufacturers have also stepped up partnerships with Chinese companies to win over local customers…
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