Stellantis and Leapmotor Launch EV Joint Venture
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Stellantis and Leapmotor Launch EV Joint Venture

Stellantis N.V. (IT:STLAM) has released an update.

Stellantis N.V. and Leapmotor have announced the formation of Leapmotor International B.V., a joint venture that will begin selling electric vehicles in Europe from September 2024, with plans to expand to other key regions later that year. The company aims to redefine electric vehicles with models like the urban T03 and the family-centric C10, both featuring impressive range and technology. This move is set to rapidly scale up sales and create value for both parent companies by leveraging Stellantis’ global presence.

For further insights into IT:STLAM stock, check out TipRanks’ Stock Analysis page.

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