finance.yahoo.com

Stellantis Opens Zaragoza and Madrid Plants to Leapmotor Ventures

Stellantis logoStellantis
Sig3.10Sen+1.70Env0.00Soc0.00Gov+0.40
Nissan logoNissan
Sig1.90Sen+1.60Env0.00Soc0.00Gov0.00

Stellantis is partnering with Leapmotor as Chinese automakers ramp up production in Europe, with forecasts of up to 1.5 million vehicles a year by the mid-2030s. Stellantis hosts Leapmotor at its Zaragoza plant and supports a joint venture that would take over its underused Madrid factory, enabling a Leapmotor-based Opel crossover and distribution rights for Voyah and Leapmotor.

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