#juliapoliscanova — Public Fediverse posts
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US Top News and Analysis | Stellantis’ Leapmotor partnership points to a wider — and riskier— industry gamble
AI generated summary, Read the full article for complete information.
Stellantis has expanded its strategic partnership with Chinese electric‑vehicle maker Leapmotor, enabling Leapmotor to begin production of a model for the European market by 2028 and to co‑develop an electric SUV under the Opel brand at Stellantis’ Zaragoza plant in Spain. The deal gives Stellantis a boost to its European operations while allowing Leapmotor to sidestep EU “Made in Europe” requirements and avoid tariffs on Chinese EV imports. It mirrors a broader trend of Western automakers—such as Ford and Volkswagen—seeking Chinese collaborations to cut costs and navigate the costly shift to electric vehicles. Analysts view the partnership as a short‑term win‑win but warn that growing reliance on Chinese brands could pose long‑term risks for legacy manufacturers if it enhances Chinese brand awareness and undermines European firms’ own EV development.
Read more: https://www.cnbc.com/2026/05/13/autos-stellantis-leapmotor-europe-china-evs.html