Gasgoo Daily: Dongfeng-Stellantis New Tech JV Established; Chery Automobile's H1 Overseas Revenue Surge; Schaeffler, Shougang Deepen Low-Carbon Ties
Dongfeng Motor and Stellantis are involved in a new NEV joint venture planning four models for launch in 2027, with registered capital around RMB 8.2 billion. Dongfeng will lead core NEV and intelligent connected vehicle technologies, while Stellantis brings brand resources and global distribution. Chery reported H1 2026 revenue of RMB 143.28 billion and overseas revenue of RMB 98.968 billion, with NEV revenue up 63.8% to RMB 59.284 billion. Schaeffler and Shougang will work on low-carbon steel and carbon-footprint accounting.