this post was submitted on 02 Nov 2023
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Automotive Industry

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Stellantis and Leapmotor joint venture to be based in the Netherlands (www.electrive.com)
submitted 11 months ago by [email protected] to c/[email protected]
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Stellantis announced last week that it would invest in Leapmotor, acquiring a 20 per cent stake in the Chinese company for €1.5 billion. The deal is intended to boost sales of Leapmotor in China – and in Europe – and also includes the creation of a joint venture called Leapmotor International.

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